General Mills Stock News

MINNEAPOLIS--(BUSINESS WIRE)--The General Mills Board of Directors has declared a quarterly dividend at the prevailing rate of $0.60 per share, payable February 3, 2025, to shareholders of record as of January 10, 2025. General Mills (NYSE: GIS) and its predecessor company have paid dividends without interruption for 126 years. About General Mills General Mills makes food the world loves. The c...

Leading consumer staples company General Mills NYSE: GIS is known for its iconic brands, including Cheerios, Pillsbury, Betty Crocker, Haggen-Daz, and many more. The company has made a strategic move to strengthen its position in the growing pet food sector with the acquisition of Whitebridge Pet Brands for $1.45 billion.

Shares of several companies behind popular soda and snack brands pulled back sharply Friday.

Calvert Research and Management ranked the 100 most sustainable companies based on over 230 ESG indicators, including workplace diversity and greenhouse-gas emissions. Eight of 78 dividend-paying sustainable companies offer dividends exceeding their share prices, signalling potential buy opportunities for investors. Analysts estimate net gains of 17.47% to 69.69% for the top ten sustainable com...

General Mills faces challenges with sales stagnation, strategic strategy shifts, and high acquisition costs, raising concerns about future growth and dilution risks. Despite a strong brand and diversified portfolio, recent divestments and acquisitions, particularly in the pet food sector, have been costly and strategically questionable. The company's financials show mixed results, with modest e...

MINNEAPOLIS--(BUSINESS WIRE)--Pillsbury is the go-to choice for holiday baking, making every family gathering deliciously memorable. This year, America's trusted baking companion, the Pillsbury Doughboy, teamed up with the country's favorite football mom Donna Kelce to co-host the 52nd Pillsbury Bake-Off™ Contest with the theme “Holiday Family Favorites.” Home bakers across the country shared t...

From an estimated $150 billion of spending in 2024, the category is expected to mushroom up to roughly $200 billion by 2030, according to estimates from Bloomberg Intelligence.

General Mills said on Thursday it has entered into a definitive agreement to acquire Whitebridge Pet Brands' North American premium cat feeding and pet treating business in a transaction valued at $1.45 billion.