GIS News and Press, General Mills Inc. From 02/21/23

Summary General Mills continued to outperform the market, in spite of the sharp drop in share price in recent months. Organic sales growth remains strong, but the corresponding drop in volumes is unsettling. Although the company now trades closer to fair value, weakness in the pet f...

General Mills ( NYSE: GIS ) updated guidance ahead of the food giant's appearance at the Consumer Analyst Group of New York conference on Tuesday. General Mills ( GIS ) now expects organic sales growth of approximately 10% vs. +8.7% consensus, adjusted operating profit growth ...

Raises Fiscal 2023 Guidance at CAGNY At the Consumer Analyst Group of New York (CAGNY) 2023 Conference, General Mills, Inc. (NYSE: GIS) highlighted the company’s strong results as it continues advancing its Accelerate strategy to deliver profitable growth and top-tier shareholder...

In 2021, the worldwide food and grocery retail market was valued at approximately $11.3 trillion. This consumer staple market is expected to increase in lockstep with the population in future years. The industry is a massive pie with many portions. Numerous companies are vying for consumers&#...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Although the new year seemingly got off to an encouragingly robust start, recent data suggests that investors should target viable stocks to buy for a slowing economy. At first, such a notion seems odd, particularly in light of...

Summary Franklin U.S. Low Volatility High Dividend Index ETF has a 3% yield and a strategy to limit risks. Almost 45% of its asset value is in utilities and consumer staples. Valuation and quality metrics are better than the benchmark. Return since 2016 is underwhelming, but the...

Summary The Taxable Account generated $1,250.56 of dividend income for January 2023 compared with $1,072.22 of dividend income for January 2022. The Taxable Account had a balance of $548.9K as of January 31, 2023, vs. $534.2K on January 31, 2022. The annualized cost basis yield is 5.27%...

Summary Nathan's Famous has had an interesting operating history, with volatility present on both its top and bottom lines. Data for 2022 was promising, with sales and profits both rising nicely, but this doesn't make the company a great prospect. In all, the absence of material gro...

Summary Mondelez is a consumer goods business focusing on snacks. The company operates across 160 countries, owning brands such as Oreo. Our view is that economic weakening will not materially impact growth, although it will continue to pressure gross margins due to supply-side issues. ...

Summary Dine Brands Global has meaningfully outperformed my expectations, with sales continuing to climb. Profits and cash flows have fallen, but management has launched some value-creation initiatives. The stock is also reasonably priced, but is fairly valued compared to similar fi...