Latest news with #GeneralMills'
Yahoo
20-05-2025
- Business
- Yahoo
General Mills (NYSE:GIS) Launches Festive Ornaments To Capture Holiday Spirit
General Mills announced a partnership with Old World Christmas to produce nine new ornaments inspired by its popular brands such as Cinnamon Toast Crunch and Pillsbury Doughboy. This collaboration aims to tap into consumer nostalgia during the holiday season, potentially enhancing brand engagement. Despite the excitement, the company's stock remained largely flat over the past week. This aligns with broader market trends, where indexes like the Dow and Nasdaq also experienced minimal movement following their recent rallies. Such brand initiatives could add positive sentiment but did not significantly impact General Mills' share performance during the period. Every company has risks, and we've spotted 2 possible red flags for General Mills (of which 1 is a bit concerning!) you should know about. The latest GPUs need a type of rare earth metal called Neodymium and there are only 23 companies in the world exploring or producing it. Find the list for free. The partnership between General Mills and Old World Christmas could potentially reinforce brand loyalty and foster engagement through consumer nostalgia. While recent short-term movements in its stock remain flat, it's essential to analyze the longer-term performance for context. Over the past five years, General Mills' total shareholder return, inclusive of share price and dividends, stood at 7.79%. When examining performance relative to the market, General Mills underperformed the U.S. Food industry and broader market over the past year. The introduction of branded ornaments is unlikely to dramatically alter revenue and earnings forecasts immediately. The initiative is more aligned with long-term brand enhancement strategies rather than near-term financial impact. With General Mills focusing on reinvestment and innovation amidst challenges like potential Yoplait business closure, revenue growth may still face some pressure. Analysts project a revenue decline and contracting margins which could influence future earnings projections. Regarding price movement, General Mills currently trades at US$58.06, close to the consensus analyst price target of US$62.48. This slight premium suggests that the market perceives the stock to be fairly valued relative to its longer-term growth potential. Investors are advised to compare this target with their expectations, as the shares remain attractive in certain valuation metrics, such as the Price-To-Earnings ratio relative to both the industry and its peers. Examine General Mills' past performance report to understand how it has performed in prior years. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NYSE:GIS. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
Yahoo
16-05-2025
- Health
- Yahoo
Texas AG investigating General Mills over ‘healthy' cereal claims
(NewsNation) — Some of America's most popular cereals are under investigation. Texas Attorney General Ken Paxton has claimed General Mills' cereals marketed for children are not as healthy as advertised — something that's been on the radar of Health Secretary Robert F. Kennedy Jr. for a while. Paxton accused General Mills of illegally misrepresenting some of its most popular cereals, such as Trix and Lucky Charms, as 'healthy.' He said he wants the company to sell its products without synthetic dyes and additives, which it does in other countries. Which foods contain dyes RFK Jr. wants eliminated in the US? 'I'm proud to stand with the Trump administration and Secretary Kennedy in taking on petroleum-based synthetic dyes … to ensure that food products are not illegally and deceptively marketed by corporations,' Paxton said in a statement. Under Kennedy's leadership, HHS and the Food and Drug Administration have announced steps to ban certain synthetic dyes and food additives from the nation's food supply by the end of 2026. NewsNation reached out to General Mills for comment but did not hear back before publication. Paxton also announced an investigation into popular cereal giant Kellogg earlier this month. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
The Hill
16-05-2025
- Health
- The Hill
Texas AG investigating General Mills over ‘healthy' cereal claims
Some of America's most popular cereals are under investigation in the Lone Star State. Texas Attorney General Ken Paxton has claimed General Mills' cereals marketed for children are not as healthy as advertised — something that's been on the radar of Health and Human Services (HHS) Secretary Robert F. Kennedy Jr. for a while. Paxton accused the company of illegally misrepresenting some of its most popular cereals, such as Trix and Lucky Charms, as 'healthy.' He said he wants the company to sell its products without synthetic dyes and additives, which it does in other countries. 'I'm proud to stand with the Trump administration and Secretary Kennedy in taking on petroleum-based synthetic dyes … to ensure that food products are not illegally and deceptively marketed by corporations,' Paxton wrote in a statement. Under Kennedy's leadership, HHS and the Food and Drug Administration have announced steps to ban certain synthetic dyes and food additives from the nation's food supply by the end of 2026. General Mills did not immediately respond to NewsNation's request for comment. Paxton also announced an investigation into popular cereal giant Kellogg earlier this month.
Business Journals
21-04-2025
- Business
- Business Journals
General Mills' Albuquerque plant marks 33 years of impact
General Mills' Albuquerque plant has been quietly shaping the local economy for over three decades. Story Highlights General Mills' Albuquerque plant employs 400 people, producing cereals and more. The facility donated $245,000 to local charities last year. General Mills partners with CNM to develop employee job skills. The General Mills Inc. manufacturing facility in Albuquerque has been up and running for 33 years, and its impacts go far beyond the breakfast table. General Mills manufactures commercial foods, including a long list of America's favorite cereal brands and other breakfast staples. It was founded in 1866 in Minneapolis, Minnesota, and the company now touts over 100 brands in about 100 different countries. General Mills entered the state in 1992, with a plant at 3501 Paseo Del Norte Blvd. NE in Albuquerque. The local facility employs about 400 people. Don't miss the latest Albuquerque business headlines! Sign up here for ABF newsletters and make sure to download the app. The company makes many of its Big G cereals and granola bars right here in Albuquerque, including Reese's Puffs, Cinnamon Toast Crunch and Nature Valley breakfast bars. Through the company's General Mills Hometown Giving program, its Albuquerque plant gave $245,000 to local non-profits and charity organizations last year, according to General Mills in an emailed statement. General Mills also mentioned that many employees donate individually using its General Mills WeGive Match program as well as participate in local volunteer events throughout Albuquerque. New Mexico schools also participate in the Box Tops for Education program, which is sponsored by General Mills. New Mexico schools in the program have collectively earned more than $8,300 in 2024. General Mills are also currently a partner with Central New Mexico Community College or CNM and use it to help build job-specific skills in its current employees, according to General Mills in an emailed statement. The company had net sales of $20.2 billion for the 2024 fiscal year and has over 15,000 employees nationwide.
Yahoo
09-04-2025
- Business
- Yahoo
Here's What To Make Of General Mills' (NYSE:GIS) Decelerating Rates Of Return
To find a multi-bagger stock, what are the underlying trends we should look for in a business? One common approach is to try and find a company with returns on capital employed (ROCE) that are increasing, in conjunction with a growing amount of capital employed. Ultimately, this demonstrates that it's a business that is reinvesting profits at increasing rates of return. However, after investigating General Mills (NYSE:GIS), we don't think it's current trends fit the mold of a multi-bagger. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. For those that aren't sure what ROCE is, it measures the amount of pre-tax profits a company can generate from the capital employed in its business. The formula for this calculation on General Mills is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.15 = US$3.7b ÷ (US$33b - US$7.9b) (Based on the trailing twelve months to February 2025). So, General Mills has an ROCE of 15%. On its own, that's a standard return, however it's much better than the 11% generated by the Food industry. See our latest analysis for General Mills In the above chart we have measured General Mills' prior ROCE against its prior performance, but the future is arguably more important. If you'd like, you can check out the forecasts from the analysts covering General Mills for free. Things have been pretty stable at General Mills, with its capital employed and returns on that capital staying somewhat the same for the last five years. Businesses with these traits tend to be mature and steady operations because they're past the growth phase. So don't be surprised if General Mills doesn't end up being a multi-bagger in a few years time. This probably explains why General Mills is paying out 56% of its income to shareholders in the form of dividends. Unless businesses have highly compelling growth opportunities, they'll typically return some money to shareholders. We can conclude that in regards to General Mills' returns on capital employed and the trends, there isn't much change to report on. And investors may be recognizing these trends since the stock has only returned a total of 12% to shareholders over the last five years. Therefore, if you're looking for a multi-bagger, we'd propose looking at other options. One more thing: We've identified 2 warning signs with General Mills (at least 1 which is a bit unpleasant) , and understanding these would certainly be useful. If you want to search for solid companies with great earnings, check out this free list of companies with good balance sheets and impressive returns on equity. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
