GIS News and Press, General Mills Inc. From 06/28/23

2023-06-28 07:32:48 ET General Mills ( NYSE: GIS ) traded lower early on Wednesday after FQ4 revenue and organic sales fell short of the consensus expectations of analysts. The food company reported sales increased 3% to $5.0B during the quarter. The sales gain included an o...

2023-06-28 07:05:41 ET General Mills ( NYSE: GIS ) declares $0.59/share quarterly dividend , 9.3% increase from prior dividend of $0.54. Forward yield 2.92% Payable Aug. 1; for shareholders of record July 10; ex-div July 7. The company raised its quarterly&...

2023-06-28 07:02:03 ET General Mills press release ( NYSE: GIS ): Q4 Non-GAAP EPS of $1.12 beats by $0.05 . Revenue of $5.03B (+2.9% Y/Y) misses by $150M . With these assumptions in mind, General Mills outlined its full-year financial targets for fiscal 2024:...

General Mills Board of Directors Declares Nine Percent Dividend Increase Full Year Highlights Net sales of $20.1 billion increased 6 percent from the prior year; organic net sales 1 were up 10 percent Operating profit of $3.4 billion was down 1 percent; adjusted ...

2023-06-27 11:36:11 ET General Mills ( NYSE: GIS ) is scheduled to announce Q4 earnings results on Wednesday, June 28th, before market open. The consensus EPS Estimate is $1.07 (-4.5% Y/Y) and the consensus Revenue Estimate is $5.18B (+5.9% Y/Y). Over the last 2 years,...

2023-06-25 11:35:44 ET Some consumer sector stocks face potential headwinds in the back half of the year with the resumption of student loan repayments and a likely trend of food disinflation. The debt ceiling agreement struck in May ensures student loan payments will resume in Septembe...

2023-06-24 04:55:34 ET Summary Hershey has a strong track record of dividend growth and has generated significant shareholder value over the years. The company is currently overvalued by about 15-20%, making it a 'hold' for now, but a pullback in the stock could present a buying o...

2023-06-23 15:22:26 ET As the end of the second quarter draws near, a range of notable companies are set to release their earnings reports next week. Leading the pack is Nike ( NYSE: NKE ), the footwear and sports apparel giant. Elsewhere, chip makers Micron Technology ( NASDA...

2023-06-23 15:00:37 ET Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Check out Saturday morning's regular Stocks to Watch article for a full list of events planned for the week or the Seeking Alpha earnings calendar ...

2023-06-19 21:00:00 ET Summary Without rehashing the wild ride we experienced in the market so far in 2023, I could find comfort in one thing, my dividends. Hitting the elusive four-digit mark in May has been a welcome sign for me on my dividend growth journey. In May 2022 I b...