GIS Stock Recent News

General Mills has agreed to sell its North American yogurt business, which includes the popular Yoplait brand, for $2.1 billion in cash. Michelle Davis has more on "Bloomberg Open Interest.

General Mills, parent to brands including Cheerios, Nature Valley, Blue Buffalo, Häagen-Dazs, Old El Paso, Pillsbury and Betty Crocker, is expecting the deal to be about 3% dilutive to adjusted per-share earnings in the first year after close.

General Mills (GIS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

General Mills Inc. NYSE: GIS is a global branded consumer and pet food product manufacturer. The consumer staples sector leader has a portfolio of over 100 brands that range from cereals, snacks, ice cream, and yogurt to baking mixes, pet foods, and frozen and shelf-stable foods and meals.

General Mills, Inc. (NYSE:GIS ) Barclays Global Consumer Staples Conference September 5, 2024 12:45 PM ET Company Participants Jeff Harmening - CEO Dana McNabb - Group President, North America Retail Conference Call Participants Andrew Lazar - Barclays Andrew Lazar Welcome back, everybody, and good afternoon. So, we're here with our fireside conversation with General Mills.

MINNEAPOLIS--(BUSINESS WIRE)--In conjunction with its participation at the 2024 Barclays Global Consumer Staples Conference, General Mills (NYSE: GIS) provided an update on progress against its three enterprise priorities and reaffirmed its full-year financial outlook for fiscal 2025. “We started fiscal 2025 focused on improving our topline growth by delivering remarkable experiences to consumers,” said General Mills Chairman and Chief Executive Officer Jeff Harmening. “And while we still have.

GIS is an underrated company with strong fundamentals, consistent dividend growth, and robust free cash flow generation. GIS trades at lower P/E and EV/EBITDA ratios compared to peers, with a recession-resistant business model and resilience during economic downturns. Valuation models, including DCF, comps analysis, and DDM, indicate that GIS is significantly undervalued, offering substantial upside potential for long-term investors.

General Mills (GIS) is bringing football's most-famous brothers to the cereal aisle.

General Mills stock's recent underperformance came largely as a result of the disappointing fourth quarter of fiscal year 2024. Growth is expected to slow down meaningfully in FY 2025 as margins would also come under pressure in the near term. The fall in share price, however, is not justified by these short-term developments, which is why I retain my buy rating on the stock.

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