Profile
Sector:
Consumer DefensiveIndustry:
Packaged FoodsCountry:
United StatesIPO:
17 March 1980Website:
http://www.generalmills.comNext earnings report:
20 December 2024Last dividends:
10 October 2024Next dividends:
10 January 2025Price
after hours | Sat, 23 Nov 2024 00:58:52 GMTAnalysts recommendations
Institutional Ownership
Included in screeners
GIS Latest News
In the first quarter of fiscal 2025, General Mills reported a decline in earnings and sales because of negative net price realization and product mix.
General Mills, Inc. (NYSE:GIS) held its Q1 2025 Earnings Call on September 18, 2024, at 9:00 AM ET. The call featured company representatives including Jeff Siemon, Jeffrey Harmening, and Kofi Bruce, along with various conference call participants from different financial institutions. The operator welcomed everyone and noted that all participants would be in listen-only mode.
The main figures for General Mills (GIS) provide an overview of the company's performance for the quarter that ended in August 2024. However, it could be useful to compare some important metrics with Wall Street predictions and the results from the same period last year.
General Mills (GIS) reported quarterly earnings of $1.07 per share, which is higher than the Zacks Consensus Estimate of $1.05 per share. This is slightly lower than the earnings of $1.09 per share from the same period last year.
To better understand how General Mills (GIS) might perform in the quarter ending August 2024, look past Wall Street's basic profit and loss predictions. Instead, focus on the forecasts for some of its important metrics. This will give you a clearer picture of the company's potential performance.
General Mills (GIS) has a strong track record of surprising with its earnings and currently has the right mix of factors that suggest it may exceed expectations in its upcoming quarterly report.
General Mills (GIS) has the right mix of factors that could lead to a strong earnings report soon. Get ready for the important expectations.
General Mills, Inc. (NYSE:GIS) will be participating in the Barclays Global Consumer Staples Conference on September 5, 2024, at 12:45 PM ET. The company will be represented by CEO Jeff Harmening and Group President for North America Retail, Dana McNabb. Andrew Lazar from Barclays will also be part of the discussion.
During a bear market, it is still possible to find opportunities to protect or even increase your wealth in the stock market. Certain companies have characteristics that enable them to do well, even when the overall market is declining.
General Mills (GIS) benefits from its strong brand and the Accelerate strategy, but it faces difficulties in the short term due to a tough operating environment and rising costs.
What type of business is General Mills?
General Mills, Inc. is an American industrial company specializing in the production and sale of branded food products under various brands in over 100 countries. It is also one of the leading manufacturers of natural pet foods. Founded in 1856, the headquarters is located in Minneapolis, Minnesota. The company offers a wide portfolio of food products under multiple proprietary brands in categories such as snacks, nutritional bars and ready-to-eat products, cereals, pizza, soups, side dishes, yogurts, ice cream, as well as pet food. All products are manufactured in 13 countries around the world at numerous production facilities.
What sector is General Mills in?
General Mills is in the Consumer Defensive sector
What industry is General Mills in?
General Mills is in the Packaged Foods industry
What country is General Mills from?
General Mills is headquartered in United States
When did General Mills go public?
General Mills initial public offering (IPO) was on 17 March 1980
What is General Mills website?
https://www.generalmills.com
Is General Mills in the S&P 500?
Yes, General Mills is included in the S&P 500 index
Is General Mills in the NASDAQ 100?
No, General Mills is not included in the NASDAQ 100 index
Is General Mills in the Dow Jones?
No, General Mills is not included in the Dow Jones index
When was General Mills the previous earnings report?
No data
When does General Mills earnings report?
The next expected earnings date for General Mills is 20 December 2024