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General Mills Inc (GIS.N)

GIS.N on New York Stock Exchange

43.41USD
20 Apr 2018
Change (% chg)

$-0.62 (-1.41%)
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Latest Key Developments (Source: Significant Developments)

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

General Mills says elected Jeffrey Harmening to serve as chairman of board
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - General Mills Inc :General Mills - ‍on Nov 6, board of General Mills Inc elected Jeffrey Harmening to serve as chairman of board, effective January 1, 2018 - SEC filing​.General Mills - Kendall Powell will retire from the board and from his role as chairman of the board on December 31, 2017.General Mills - Jeffrey Harmening will continue to serve as the Chief Executive Officer.  Full Article

General Mills issues voluntary recall of Cascadian Farm Organic Cinnamon Raisin Granola cereal
Tuesday, 10 Oct 2017 

Oct 10 (Reuters) - General Mills Inc ::General Mills issues voluntary recall of Cascadian Farm Organic Cinnamon Raisin Granola cereal.General Mills Inc - ‍There have been no reports of illness​.General Mills - ‍Cascadian Farm Organic Cinnamon Raisin Granola cereal produced on July 15, 16, is being recalled because product may contain almonds.  Full Article

General Mills Inc expects E-Commerce sales to grow to 5 percent by fiscal year 2020
Wednesday, 12 Jul 2017 

July 12 (Reuters) - General Mills Inc ::Says E-Commerce represents about 1.5 percent of company's total sales in U.S. Currently.Says expects E-Commerce sales to grow to 5 percent by fiscal year 2020.Says ‍general Mills will moderate pace of expansion in fiscal 2018 as it invests to restore topline growth​.Says company expects natural & organic business in North America portfolio to generate $1.5 billion in net sales by 2020.  Full Article

General Mills files for offering of up to EURO 300 mln of floating rate notes due 2019
Thursday, 16 Mar 2017 

General Mills Inc :Files for offering of up to EURO 300 million of floating rate notes due 2019 - sec filing.  Full Article

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Barron's: General Mills stock may be a bargain after pet food deal

General Mills Inc's stock could rise to 16 times earnings projections from the current 14 as its acquisition of Blue Buffalo Pet Products Inc starts to create growth, Barron's reported.