Edition:
India

General Mills Inc (GIS.N)

GIS.N on New York Stock Exchange

43.36USD
20 Jul 2018
Change (% chg)

$0.01 (+0.02%)
Prev Close
$43.35
Open
$43.35
Day's High
$43.57
Day's Low
$43.13
Volume
756,888
Avg. Vol
1,536,595
52-wk High
$60.69
52-wk Low
$41.01

Latest Key Developments (Source: Significant Developments)

General Mills Details Global Growth Priorities At Annual Investor Day
Wednesday, 11 Jul 2018 

July 11 (Reuters) - General Mills Inc ::GENERAL MILLS DETAILS GLOBAL GROWTH PRIORITIES AT COMPANY'S ANNUAL INVESTOR DAY.SAYS WITH ADDITION OF BLUE BUFFALO, COMPANY EXPECTS TO GENERATE $1 BILLION DOLLARS IN NET SALES FROM E-COMMERCE BY FISCAL 2020.SAYS GENERAL MILLS' E-COMMERCE BUSINESS GREW 50 PERCENT IN FISCAL 2018, AND THAT GROWTH IS EXPECTED TO CONTINUE INTO FISCAL 2019.  Full Article

General Mills Q4 Earnings Per Share $0.59
Wednesday, 27 Jun 2018 

June 27 (Reuters) - General Mills Inc ::GENERAL MILLS REPORTS FOURTH-QUARTER AND FULL-YEAR FISCAL 2018 RESULTS; PROVIDES 2019 OUTLOOK.Q4 ADJUSTED EARNINGS PER SHARE $0.79 EXCLUDING ITEMS.Q4 EARNINGS PER SHARE $0.59.Q4 EARNINGS PER SHARE VIEW $0.72 -- THOMSON REUTERS I/B/E/S.SEES FY 2019 SALES UP 9 TO 10 PERCENT.QTRLY NET SALES INCREASED 2 PERCENT TO $3.89 BILLION.2019 ORGANIC NET SALES ARE EXPECTED TO BE IN A RANGE BETWEEN FLAT AND UP 1 PERCENT.SEES 2019 NET SALES ARE EXPECTED TO INCREASE 9 TO 10 PERCENT.GENERAL MILLS - 2019 CONSTANT-CURRENCY ADJUSTED OPERATING PROFIT EXPECTED TO INCREASE 6 PERCENT TO 9 PERCENT FROM BASE OF $2.7 BILLION REPORTED IN FISCAL 2018.GENERAL MILLS - Q4 NET SALES FOR GENERAL MILLS' NORTH AMERICA RETAIL SEGMENT TOTALED $2.39 BILLION, ESSENTIALLY IN LINE WITH THE PRIOR YEAR.FY2019 EARNINGS PER SHARE VIEW $3.12, REVENUE VIEW $17.28 BILLION -- THOMSON REUTERS I/B/E/S.Q4 NET SALES FOR GENERAL MILLS' NORTH AMERICA RETAIL SEGMENT TOTALED $2.39 BILLION, ESSENTIALLY IN LINE WITH PRIOR YEAR.Q4 NET SALES FOR CONVENIENCE STORES & FOODSERVICE SEGMENT INCREASED 5 PERCENT TO $511 MILLION.GENERAL MILLS - Q4 ORGANIC NET SALES INCREASED 1 PERCENT."COMPANY ALSO INTENDS TO PURSUE DIVESTITURES OF GROWTH-DILUTIVE BUSINESSES TO FURTHER RESHAPE ITS PORTFOLIO".GENERAL MILLS - 2019 CONSTANT-CURRENCY ADJUSTED DILUTED EPS EXPECTED TO RANGE BETWEEN FLAT AND DOWN 3 PERCENT FROM BASE OF $3.11 IN FISCAL 2018.  Full Article

General Mills Declares Quarterly Dividend Of $0.49/Share
Wednesday, 27 Jun 2018 

June 26 (Reuters) - General Mills Inc ::GENERAL MILLS QUARTERLY DIVIDEND DECLARED.GENERAL MILLS INC - DECLARED A QUARTERLY DIVIDEND AT PREVAILING RATE OF $0.49 PER SHARE.  Full Article

General Mills Elects Maria Sastre To Board Of Directors
Thursday, 10 May 2018 

May 9 (Reuters) - General Mills Inc ::GENERAL MILLS ELECTS MARIA SASTRE TO BOARD OF DIRECTORS.GENERAL MILLS INC - SASTRE WAS MOST RECENTLY PRESIDENT AND CHIEF OPERATING OFFICER OF SIGNATURE FLIGHT SUPPORT.  Full Article

General Mills Announces Proposed Public Offering Of Common Stock
Tuesday, 27 Mar 2018 

March 26 (Reuters) - General Mills Inc ::GENERAL MILLS ANNOUNCES PROPOSED PUBLIC OFFERING OF COMMON STOCK IN CONNECTION WITH PENDING ACQUISITION OF BLUE BUFFALO PET PRODUCTS.GENERAL MILLS INC - LAUNCHED UNDERWRITTEN PUBLIC OFFERING OF ABOUT $1 BILLION OF SHARES OF ITS COMMON STOCK, PAR VALUE $0.10 PER SHARE.GENERAL MILLS - TO USE PROCEEDS FROM OFFERING TO FINANCE ACQUISITION OF BLUE BUFFALO PET PRODUCTS​.  Full Article

General Mills Helps Transition 34,000 Acres into Organic Farmland
Tuesday, 6 Mar 2018 

March 6 (Reuters) - General Mills Inc ::GENERAL MILLS - ENTERED SOURCING AGREEMENT WITH GUNSMOKE FARMS TO CONVERT 34,000 ACRES OF CONVENTIONAL FARMLAND TO CERTIFIED ORGANIC ACREAGE BY 2020.GENERAL MILLS INC - EXPECTS NATURAL AND ORGANIC PORTFOLIO IN NORTH AMERICA TO REACH $1.5 BILLION IN NET SALES BY 2020.  Full Article

General Mills Says Declared A Quarterly Dividend At Prevailing Rate Of $0.49 Per Share
Thursday, 21 Dec 2017 

Dec 20 (Reuters) - General Mills Inc ::GENERAL MILLS INC - DECLARED A QUARTERLY DIVIDEND AT PREVAILING RATE OF $0.49 PER SHARE.  Full Article

General Mills Q2 Earnings Per Share $0.74
Wednesday, 20 Dec 2017 

Dec 20 (Reuters) - General Mills Inc ::GENERAL MILLS REPORTS FISCAL 2018 SECOND-QUARTER RESULTS.Q2 ADJUSTED EARNINGS PER SHARE $0.82 EXCLUDING ITEMS.Q2 SALES $4.2 BILLION VERSUS I/B/E/S VIEW $4.08 BILLION.Q2 EARNINGS PER SHARE VIEW $0.82 -- THOMSON REUTERS I/B/E/S.Q2 EARNINGS PER SHARE $0.74.- SECOND-QUARTER NET SALES FOR CONVENIENCE STORES & FOODSERVICE SEGMENT INCREASED 5 PERCENT TO $512 MILLION.- ‍REVISES FISCAL 2018 FULL-YEAR ORGANIC NET SALES OUTLOOK BASED ON BETTER THAN EXPECTED YEAR-TO-DATE RESULTS​.- FULL-YEAR FISCAL 2018 ORGANIC NET SALES ARE EXPECTED TO RANGE BETWEEN FLAT AND DOWN 1 PERCENT.- FULL-YEAR FISCAL 2018 CONSTANT-CURRENCY TOTAL SEGMENT OPERATING PROFIT IS EXPECTED TO BE IN A RANGE BETWEEN FLAT AND UP 1 PERCENT.- ‍SECOND-QUARTER NET SALES FOR GENERAL MILLS' NORTH AMERICA RETAIL SEGMENT TOTALED $2.77 BILLION, UP 1 PERCENT FROM PRIOR YEAR​.GENERAL MILLS SAYS CONSTANT-CURRENCY FULL-YEAR FISCAL 2018 ADJUSTED DILUTED EPS OUTLOOK EXCLUDES ANY IMPACT FROM PROPOSED U.S. TAX REFORM LEGISLATION.- ‍MAINTAINING 2018 OUTLOOK FOR PROFIT AND EPS ​.FY2019 EARNINGS PER SHARE VIEW $3.22 -- THOMSON REUTERS I/B/E/S.FY2018 EARNINGS PER SHARE VIEW $3.09 -- THOMSON REUTERS I/B/E/S.  Full Article

Soros Fund Management cuts share stake in Facebook and Twitter, ups in Microsoft
Wednesday, 15 Nov 2017 

Nov 14 (Reuters) - Soros Fund Management::Soros Fund Management cuts share stake in Facebook Inc by 77.0 percent to 109,451 class A shares - SEC Filing.Soros Fund Management ups share stake in Microsoft Corp from 4,000 shares to 103,000 shares.Soros Fund Management dissolves share stake in Wendys Co.Soros Fund Management ups share stake in General Mills Inc by 20.5 percent to 440,493 shares.Soros Fund Management ups share stake in Coty Inc from 132,900 class a shares to 390,000 class A shares.Soros Fund Management ups share stake in Mondelez International Inc by 29.3 percent to 1.8 million class A shares.Soros Fund Management cuts share stake in Twitter Inc by about 24 percent to 18,400 shares ‍​.Soros Fund Management - Change in holdings are as of Sept 30, 2017 and compared with the previous quarter ended as of June 30, 2017 .  Full Article

General Mills reaffirms guidance for fiscal 2018
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - General Mills Inc :General Mills reaffirms guidance for fiscal 2018.General Mills Inc - ‍second-quarter adjusted gross margin and adjusted operating profit margin are expected to be below last year​.General Mills - Q2 ‍2018 constant-currency segment operating profit, adjusted diluted eps also expected to be below year-ago levels in Q2​.General Mills-‍significant improvement in Q2 organic net sales trends versus Q1, driven by improvement in retail sales trends in u.s. Measured outlets​.FY2018 earnings per share view $3.08, revenue view $15.46 billion -- Thomson Reuters I/B/E/S.Q2 earnings per share view $0.83, revenue view $4.07 billion -- Thomson Reuters I/B/E/S.  Full Article

UPDATE 3-General Mills to cut 625 jobs by 2019 amid rising costs

June 27 Cheerios cereal maker General Mills Inc said on Wednesday it would cut 625 jobs by the end of next year as it looks to reduce costs amid slowing sales of its Yoplait yogurt, as well as rising commodity and freight expenses.