General Mills (GIS) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.Since a ch ...

Investors looking for stocks in the Food - Miscellaneous sector might want to consider either General Mills (GIS) or Nestle SA (NSRGY) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank emphasizes companies with posit ...

A month has gone by since the last earnings report for General Mills (GIS) . Shares have added about 0.5% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is General Mills due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. General Mills Q3 Earnings Top Estimates, Sales Dow ...

General Mills, Inc.’s (GIS) success story can be attributed to the company’s relentless focus on the Accelerate strategy. This branded consumer food company’s brand strength and pricing actions have been working well amid cost inflation.Accelerate Strategy in PlaceGeneral Mills is fully committed to its “Accelerate Strategy” set in motion in early 2021 to sharpen business focus and elevate profitability over time. For fiscal 2024, this multi-year strategy centers on three priorities. These include enhancing ...

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.Zacks Premium also includes the Zacks Style Scores.What are the Zacks Style Scores?Developed ...

Stocks in the Zacks Consumer Staples sector carry a defensive nature, as these companies’ products have an advantageous ability to generate consistent demand in the face of many economic situations.Three top-ranked stocks from the realm – General Mills (GIS) Molson Coors (TAP) , and Procter & Gamble (PG) – could all be considerations for investors looking to heighten their portfolio’s defense.Let’s take a closer look at each one.General Mills General Mills is a global manufacturer and marketer of branded co ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDEDFEBRUARY 25, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission file number:001-01185 ________________ GENERAL MILLS, INC. (Exact name of registrant as specified in its charter) Delaware 41-0274440 (State or ot ...

General Mills, Inc. (GIS) posted third-quarter fiscal 2024 results, with the bottom line surpassing the Zacks Consensus Estimate and increasing year over year. The top line surpassed the consensus mark but declined from the year-ago quarter’s level. Management reaffirmed its fiscal 2024 guidance.Quarterly HighlightsGeneral Mills posted adjusted earnings of $1.17 per share, surpassing the Zacks Consensus Estimate of $1.04. The bottom line rose 22% year over year on a constant-currency (cc) basis. The upside ...

Key TakeawaysShares of breakfast and snack food giant General Mills Inc. rose Wednesday as its third-quarter earnings report beat estimates.Adjusted net income and earnings per share beat analyst expectations, while the company took a smaller-than-anticipated hit to its net sales compared with the prior-year quarter.General Mills affirmed the full-year guidance it previously lowered when it released its second-quarter earnings in December. General Mills Inc. (GIS) shares rose Wednesday as the breakfast and ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...