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GIS News and Press, General Mills Inc. From 06/29/22

Stock Information

Company Name: General Mills Inc.
Stock Symbol: GIS
Market: NYSE
Website: generalmills.com

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GIS - Shares of General Mills Inc. (GIS) Have Risen Above Previous 52-Week High

Shares of General Mills Inc. (NYSE:GIS) traded at a new 52-week high today of $75.00. This new high was reached on above average trading volume as 5.9 million shares traded hands, while the average 30-day volume is approximately 3.6 million shares. In the past 52 weeks, General Mills Inc...

GIS - Dow Rises as Markets Try to Gain Back Footing

The Dow Jones Industrial Average rose on Wednesday, after the major averages made a failed attempt at a bounce in the previous session, and as the market prepares to close out the worst first half of the year since 1970. The 30-stock index came off its highs of the morning, but still ju...

GIS - General Mills, Inc. (GIS) CEO Jeff Harmening on Q4 2022 Results - Earnings Call Transcript

General Mills, Inc. (GIS) Q4 2022 Results Conference Call June 29, 2022 9:00 AM ET Company Participants Jeff Siemon - VP, IR Jeff Harmening - Chairman and CEO Kofi Bruce - CFO Jon Nudi - Group President, North America Retail Conference Call Participants...

GIS - What Stocks To Buy Today? 3 Retail Stocks To Watch

Do You Have These 3 Retail Stocks On Your Watchlist? As we approach the second half of 2022, retail stocks would be an interesting play for investors to consider. After all, even as inflation persists, some of the biggest retailers are dealing with growing inventories. Because o...

GIS - Why General Mills Stock Jumped 5.5% This Morning

Shares of General Mills (NYSE: GIS) , a food company known for iconic brands like Cheerios and Blue Buffalo pet food, rose roughly 5.5% in morning trading on Wednesday. The big story was the fiscal fourth-quarter 2022 earnings update, which was mixed in some ways. But investors ...

GIS - Consumer defensive stocks continue to trek higher

Investors once again are taking some shelter in consumer defensive stocks in favor of risk-on bets in tech, crypto, and SPAC/IPO names In early trading on Wednesday, there were steady gains for McDonald's Corporation ( NYSE: MCD ) +1.65% , Kroger ( KR ) +1.60% , ...

GIS - General Mills stock moves up on earnings beat, dividend boost

General Mills ( NYSE: GIS ) jumped to a healthy earnings beat on Wednesday. For its fiscal fourth quarter, the manufacturer of Cheerios, Chex, and more reported non-GAAP EPS of $1.12, well above the  $1.01 consensus and net sales of $4.89B, an 8.1% gain from the year pr...

GIS - General Mills raises dividend by 6% to $0.54

General Mills ( NYSE: GIS ) declares $0.54/share quarterly dividend , 5.9% increase from prior dividend of $0.51. Forward yield 3.07% Payable Aug. 1; for shareholders of record July 8; ex-div July 7. See GIS Dividend Scorecard, Yield Chart, & Dividend...

GIS - General Mills Non-GAAP EPS of $1.12 beats by $0.11, revenue of $4.89B beats by $80M

General Mills press release ( NYSE: GIS ): Q4 Non-GAAP EPS of $1.12 beats by $0.11 . Revenue of $4.89B (+8.2% Y/Y) beats by $80M . Shares -0.7% PM. FY2023 Outlook : Organic net sales are expected to increase 4 to 5 percent; Adjusted operating p...

GIS - General Mills Reports Fourth-Quarter and Full-Year Results for Fiscal 2022 and Provides Fiscal 2023 Outlook

General Mills Board of Directors Declares Six Percent Dividend Increase Full Year Highlights Net sales of $19.0 billion increased 5 percent from the prior year; organic net sales¹ were up 6 percent. Operating profit increased 11 percent to $3.5 billi...

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