GIS News and Press, General Mills Inc. From 05/18/22

There is some panic selling in the retail sector as Target's (TGT -27.6%) earnings report and commentary has raised concerns that discretionary spending is slowing down. Wells Fargo analyst Edward Kelly said consumers are clearly being forced to make tougher decisions with inflationary pressu...

Fans can snag their own pair of the hand-designed sneaker inspired by the colorful creativity of Gushers Gushers is bringing fans a new way to show off their love of their favorite snack with a limited-edition, hand designed sneaker inspired by the color and creativity o...

Strong results in FY 2021 despite supply challenges, and receding pandemic-fueled tailwinds. Long-term initiatives aim to increase wallet share, boost top line and margins. Strong results so far, but competitive risks could dampen future results. For further details see: ...

Jane's retirement accounts generated a total of $2,205.33 of dividend income for April 2022 vs. $2,213.20 of dividend income for April 2021. Jane's Traditional IRA had a balance of $431.8K as of April 30, 2022, vs. $408.8K on April 30, 2021. The estimated annualized dividend yield is ...

Near-term challenges from cost inflation and easing lockdowns. Banking on Accelerate strategy to deliver long-term profitable growth. Portfolio realigning ongoing, continuous deleveraging. For further details see: General Mills: Near-Term Challenges, Ongoing Long-Term Tr...

General Mills (NYSE:GIS) has agreed to acquire frozen pizza crust maker, TNT Crust. Financial terms of the deal were not disclosed. The transaction, expected to close in the first quarter of fiscal 2023, will be funded using cash on hand and short-term borrowings. TNT Crust, currently a portf...

General Mills (NYSE: GIS) today announced that it has entered into a definitive agreement to acquire TNT Crust, a manufacturer of high-quality frozen pizza crusts for regional and national pizza chains, foodservice distributors, and retail outlets. TNT Crust is currently a portfolio com...

General Mills (NYSE: GIS) today announced that Karen Wilson Thissen will join as general counsel and corporate secretary of General Mills, effective June 6, 2022. Thissen, a 29-year legal veteran, joins from Ameriprise Financial, Inc. where she most recently served as general counse...

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The NASDAQ is finally in formal bear market territory, although, as high growth investors fully know, we have been in a brutal bear market since at least November of 2021. My aggressive growth portfolio has not been spared the extreme pain; however, I am confident in my positions once...