General Mills, Inc. (GIS) News

General Mills, Inc. (GIS): $77.50

0.36 (+0.47%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

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Industry: Food Makers


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GIS News Highlights

  • For GIS, its 30 day story count is now at 49.
  • Over the past 20 days, GIS's stories per day has been in a clear uptrend, growing by about 0.56 per day.
  • GOLD, ARIZ and DE are the most mentioned tickers in articles about GIS.

Latest GIS News From Around the Web

Below are the latest news stories about General Mills Inc that investors may wish to consider to help them evaluate GIS as an investment opportunity.

Russia''s invasion of Ukraine puts wheat supplies at risk

A key ingredient in bread, cereal and baked goods is facing the prospect of supply disruptions as Russia barrels down on Ukraine. Why it matters: Russia and Ukraine were two of the top five largest exporters of wheat before the pandemic, leading experts to fear that a war could disrupt supplies at a time when the market for the agricultural commodity is already stressed. "A prolonged conflict would create bread shortages [and increase consumer prices] this fall," Alan Holland, CEO of sourcing technology company Keelvar, told CNBC. The big picture: Global wheat supplies plunged to a five-year low in 2021, while prices hit an all-time high, according to the U.S. Department of Agriculture . Poor growing conditions in the Northern Hemisphere have strained wheat markets in recent years. Thre...

Axios | February 23, 2022

Expert Ratings For General Mills

Within the last quarter, General Mills (NYSE: GIS ) has observed the following analyst ratings: Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 0 1 1 0 Last 30D 1 0 0 0 0 1M Ago 0 0 0 0 0 2M Ago 0 0 0 0 0 3M Ago 1 0 1 1 0 In the last 3 months, 4 analysts have offered 12-month price targets for General Mills. The company has an average price target of $67.0 with a high of $74.00 and a low of $56.00. Below is a summary of how these 4 analysts rated General Mills over the … Full story available on Benzinga.com

Benzinga | February 23, 2022

General Mills Consensus Indicates Potential -3.3% Downside

General Mills with ticker code (GIS) have now 18 analysts covering the stock. The analyst consensus points to a rating of ''Hold''. The range between the high target price and low target price is between 74 and 52 with a mean TP of 65.89. Now with the previous closing price of 68.15 this indicates there is a potential downside of -3.3%. The 50 day MA is 67.81 and the 200 moving average now moves to 62.69. The market cap for the company is $40,620m. Visit the company website at: https://www.generalmills.com [stock_market_widget type="chart" template="basic" color="green" assets=GIS" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $39,273m based on the market concensus. General Mills manufactures and markets branded consumer foods worldwide....

DirectorsTalk | February 23, 2022

General Mills (GIS) Stock Moves -0.34%: What You Should Know

In the latest trading session, General Mills (GIS) closed at $67.11, marking a -0.34% move from the previous day.

Yahoo | February 23, 2022

The Story of Lucky: Cereal’s Most Recognized Leprechaun Takes Readers on Journey of Discovery with New Book, ‘The Magic Inside’

MINNEAPOLIS, February 23, 2022--Lucky Charms is officially taking the magic of breakfast to the bookshelf with the introduction of The Magic Inside, a universal coming-of-age story of how Lucky discovered his magic. Families can enjoy the book in both digital and print versions, at select Little Free Library® book-sharing boxes across the country and with Taye Diggs – dad, singer, actor and children’s book author – as he reads the first chapter live and hosts a Q&A on Instagram from the @LuckyCh

Yahoo | February 23, 2022

General Mills reaffirms guidance but says supply chain problems will impact the third quarter

General Mills Inc. said early Tuesday that supply chain challenges will impact the third quarter, though the food company reaffirmed its full-year guidance. General Mills expects a 2022 organic net sales increase of 4% to 5%. The FactSet consensus is for $18.827 billion, implying 3.9% growth. "The company added that it expects second-half earnings results to be more heavily weighted to the fourth quarter than previously expected, driven by recent acute supply shortages on its refrigerated dough, pizza, and hot snacks platforms in North America," the company said in a statement prepared for the Consumer Analyst Group of New York 2022 conference. Organic net sales growth for the third quarter is expected to be 2% to 3%. The FactSet consensus is for $4.613, suggesting growth of 2.1%. The c...

MarketWatch | February 22, 2022

General Mills sets near-term and long-term guidance at CAGNY presentation

General Mills (GIS) said it will highlight today at the Consumer Analyst Group of New York Conference its progress in advancing its Accelerate strategy. Read more.

Seeking Alpha | February 22, 2022

Supply chain troubles pinch General Mills frozen pizza in Q3

General Mills Inc. on Thursday said supply shortages would hurt retail shipments of some products in the third quarter, though it affirmed full-year earnings guidance.

Yahoo | February 22, 2022

Old El Paso and LeBron James Family Foundation Partner to Open First-Ever Restaurant Serving Meals from Old El Paso as a space for Families to Come Together

MINNEAPOLIS, February 22, 2022--Old El Paso and the LeBron James Family Foundation (LJFF) are expanding their partnership to open the first-ever restaurant featuring meals from Old El Paso, The Taco Shop by Old El Paso. In addition to serving meals, the fast casual dining establishment provides needed space for family-led programming and hands-on job training for family members in the I PROMISE program. The Taco Shop by Old El Paso is located inside House Three Thirty, LJFF’s multi-use facility

Yahoo | February 22, 2022

General Mills Continues Advancing Its Accelerate Strategy

MINNEAPOLIS, February 22, 2022--At the Consumer Analyst Group of New York (CAGNY) 2022 Conference, General Mills (NYSE: GIS) highlighted its progress in advancing its Accelerate strategy to deliver profitable growth and top-tier shareholder returns. The company also reaffirmed its fiscal 2022 full-year financial guidance and provided an update on its second-half expectations.

Yahoo | February 22, 2022


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