GIS News and Press, General Mills Inc. From 06/01/22

General Mills, Inc. (NYSE: GIS) plans to report results for its fiscal 2022 fourth quarter and full year on June 29, 2022. A press release, pre-recorded management remarks and supporting slides will be issued that morning followed by a webcasted question and answer session on the re...

Over the past 5 years, Hormel Foods' revenue has grown at a 4.7% CAGR, with 2021 marking a significant increase in historical terms (19% YoY growth). Hormel Foods represents a reliable dividend growth choice for investors. Valuation metrics reveal a somewhat pricey stock. Fo...

Best performing stock market sectors and industries are typically dictated by the business cycle at any point in time. We are no longer at the point of the business cycle that benefits technology stocks. Look to your Memorial Day picnic table for ideas on strong performing stocks ...

Food price inflation has driven overall inflation higher in the US during 2022, with food prices rising 9.4% year on year in April. Food price inflation has not been unique to the US, as rising fertilizer prices and Ukraine export concerns have driven prices higher globally. Exchange prices f...

Eagle Foods Acquires two Iconic Brands from General Mills PR Newswire With Helper and Suddenly Salad , Eagle is poised for center store category leadership Expansion of Eagle Foods diversified food platform brings snacks, baking, and tasty, affordable meal ...

General Mills (NYSE:GIS) is selling its Helper main meals and Suddenly Salad side dishes businesses to Eagle Family Foods Group, a portfolio company of Kelso & Company, in a cash transaction valued at approximately $610M. The transaction is expected to close in 1Q23, subject to approval. ...

General Mills, Inc. (NYSE: GIS) today announced that it has entered into a definitive agreement to sell its Helper main meals and Suddenly Salad side dishes businesses to Eagle Family Foods Group, a portfolio company of Kelso & Company, in a cash transaction valued at approx...

General Mills, Inc. (NYSE: GIS) plans to webcast discussions at two upcoming investor conferences. Jon Nudi, Group President, North America Retail, will be a featured speaker at the 2022 RBC Capital Markets Global Consumer & Retail Conference. The webcasted fireside chat is sche...

General Mills has become one of the best-performing large-cap companies in the Packaged Food space. Even though inflation headwinds are overshadowing future performance, the company has significantly improved its margin potential. The Blue Buffalo brand has also become one of the ...

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...