General Mills, Inc. (NYSE:GIS), the maker of Cheerios, Blue Buffalo pet food, and other household staples, reported fiscal 2026 first-quarter results that came in slightly ahead of Wall Street expectations, but shares traded lower after the release. Adjusted earnings per share came in at 86 cents per share, topping analyst estimates of 81 cents per share, while revenue of $4.52 billion edged past projections of $4.51 billion. Reported net sales fell 7% from a year earlier, weighed down by a 4-point drag f ...

Group 1 - General Mills has a unique dividend history, with only five annual increases but an uninterrupted dividend payment record of 127 years [1][7] - The company offers a high dividend yield of 4.8%, which can provide significant income for investors even without annual increases [2][7] - General Mills operates in the consumer staples sector, focusing on packaged food products, and has a market capitalization of approximately $27 billion [3] Group 2 - The company is more accurately described as a brand manager, with a successful history of acquiring and managing various brands [4] - A notable recent acquisition was Blue Buffalo, a leading natural pet food brand, which has led to further bolt-on acquisitions in the pet food sector [5] - General Mills has been strategically reworking its portfolio, including the sale of its yogurt business, demonstrating a long-term focus in its buying and selling decisions [6]