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General Mills Inc (GIS.N)

GIS.N on New York Stock Exchange

46.58USD
22 Feb 2019
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Latest Key Developments (Source: Significant Developments)

General Mills Expects $130 Mln In Net Expenses Related To Restructuring Actions
Friday, 15 Feb 2019 09:20am EST 

Feb 15 (Reuters) - General Mills Inc ::GENERAL MILLS INC - APPROVED RESTRUCTURING ACTIONS.GENERAL MILLS INC - EXPECT TO INCUR APPROXIMATELY $130 MILLION OF NET EXPENSES RELATED TO RESTRUCTURING ACTIONS.GENERAL MILLS INC - EXPECT TO PAY APPROXIMATELY $30 MILLION OF NET CASH RELATED TO RESTRUCTURING ACTIONS.GENERAL MILLS INC - APPROVED CLOSURE OF CARSON, CALIFORNIA YOGURT MANUFACTURING FACILITY.GENERAL MILLS INC - ACTIONS CONSOLIDATING PRODUCTION AND OPTIMIZING LABOR, LOGISTICS AND MANUFACTURING PLATFORMS.GENERAL MILLS INC - EXPECT RESTRUCTURING ACTIONS TO BE COMPLETED BY END OF FISCAL 2021.  Full Article

General Mills Declares A Quarterly Dividend At Prevailing Rate Of $0.49 Per Share
Tuesday, 5 Feb 2019 05:00pm EST 

Feb 5 (Reuters) - General Mills Inc ::DECLARED A QUARTERLY DIVIDEND AT PREVAILING RATE OF $0.49 PER SHARE.  Full Article

General Mills Recalls 5 Pound Bags Of Gold Medal Unbleached Flour For Potential Salmonella Presence
Wednesday, 23 Jan 2019 03:00pm EST 

Jan 23 (Reuters) - General Mills Inc ::GENERAL MILLS RECALLS FIVE POUND BAGS OF GOLD MEDAL UNBLEACHED FLOUR.GENERAL MILLS - ANNOUNCED VOLUNTARY NATIONAL RECALL OF 5-POUND BAGS OF ITS GOLD MEDAL UNBLEACHED FLOUR WITH A BETTER IF USED BY DATE OF APRIL 20, 2020.GENERAL MILLS INC - RECALL IS BEING ISSUED FOR POTENTIAL PRESENCE OF SALMONELLA WHICH WAS DISCOVERED DURING SAMPLING OF FIVE-POUND BAG PRODUCT.  Full Article

General Mills Q2 Adjusted Earnings Per Share $0.85
Wednesday, 19 Dec 2018 07:00am EST 

General Mills Inc ::GENERAL MILLS REPORTS FISCAL 2019 SECOND-QUARTER RESULTS AND REAFFIRMS FULL-YEAR GUIDANCE.Q2 ADJUSTED EARNINGS PER SHARE $0.85.Q2 EARNINGS PER SHARE $0.57.Q2 EARNINGS PER SHARE ESTIMATE $0.81 -- REFINITIV IBES DATA.Q2 SALES $4.41 BILLION VERSUS REFINITIV IBES ESTIMATE OF $4.51 BILLION.COMPANY REAFFIRMS ITS FULL-YEAR FISCAL 2019 GUIDANCE.QTRLY NORTH AMERICA RETAIL SEGMENT SALES TOTALED $2.68 BILLION, DOWN 3 PERCENT FROM PRIOR YEAR.FY2019 EARNINGS PER SHARE VIEW $3.05, REVENUE VIEW $17.07 BILLION -- REFINITIV IBES DATA.GENERAL MILLS QTRLY NORTH AMERICA RETAIL SEGMENT SALES REFLECT LOWER MERCHANDISING ACTIVITY IN U.S. CEREAL OPERATING UNIT & LOWER VOLUME IN U.S. SNACKS.QTRLY NET SALES FOR CONVENIENCE STORES & FOODSERVICE SEGMENT WERE IN LINE WITH LAST YEAR AT $514 MILLION.IS PLANNING SIGNIFICANT EXPANSION OF BLUE BUFFALO IN H2 2019.  Full Article

Sean Walker Named Group President For General Mills Asia & Latin America
Tuesday, 11 Dec 2018 09:00am EST 

Dec 11 (Reuters) - General Mills Inc ::SEAN WALKER NAMED GROUP PRESIDENT FOR GENERAL MILLS ASIA & LATIN AMERICA.GENERAL MILLS - CHRISTINA LAW, CURRENT GROUP PRESIDENT, ASIA & LATIN AMERICA WILL BE LEAVING GENERAL MILLS AT END OF FEB 2019.  Full Article

General Mills Declared A Quarterly Dividend At Prevailing Rate Of $0.49 Per Share
Tuesday, 6 Nov 2018 04:30pm EST 

Nov 6 (Reuters) - General Mills Inc ::GENERAL MILLS INC - DECLARED A QUARTERLY DIVIDEND AT PREVAILING RATE OF $0.49 PER SHARE.  Full Article

General Mills Quarterly Dividend Declared
Tuesday, 25 Sep 2018 05:00pm EDT 

Sept 25 (Reuters) - General Mills Inc ::GENERAL MILLS QUARTERLY DIVIDEND DECLARED.GENERAL MILLS INC - DECLARED A QUARTERLY DIVIDEND AT PREVAILING RATE OF $0.49 PER SHARE, PAYABLE NOVEMBER 1, 2018.  Full Article

General Mills Q1 Earnings Per Share $0.65
Tuesday, 18 Sep 2018 07:00am EDT 

General Mills Inc ::GENERAL MILLS REPORTS FISCAL 2019 FIRST-QUARTER RESULTS.Q1 ADJUSTED EARNINGS PER SHARE $0.71 EXCLUDING ITEMS.Q1 EARNINGS PER SHARE $0.65.Q1 EARNINGS PER SHARE VIEW $0.64 -- THOMSON REUTERS I/B/E/S.Q1 SALES $4.1 BILLION VERSUS I/B/E/S VIEW $4.12 BILLION.COMPANY REAFFIRMED ITS FULL-YEAR FISCAL 2019 OUTLOOK.SEES FY 2019 ORGANIC NET SALES ARE EXPECTED TO BE IN A RANGE BETWEEN FLAT AND UP 1 PERCENT.SEES INCLUDING IMPACT OF BLUE BUFFALO ACQUISITION, NET SALES ARE EXPECTED TO INCREASE 9 TO 10 PERCENT IN FY2019.SEES 2019 CONSTANT-CURRENCY ADJUSTED OPERATING PROFIT TO INCREASE 6 TO 9 PERCENT FROM BASE OF $2.6 BILLION REPORTED IN FISCAL 2018.FIRST-QUARTER NET SALES FOR GENERAL MILLS' NORTH AMERICA RETAIL SEGMENT DECREASED 2 PERCENT TO $2.39 BILLION.FIRST-QUARTER NET SALES FOR CONVENIENCE STORES & FOODSERVICE SEGMENT INCREASED 4 PERCENT TO $463 MILLION.FIRST-QUARTER NET SALES FOR GENERAL MILLS' NORTH AMERICA RETAIL SEGMENT DECREASED 2 PERCENT TO $2.39 BILLION.FIRST-QUARTER NET SALES FOR CONVENIENCE STORES & FOODSERVICE SEGMENT INCREASED 4 PERCENT TO $463 MILLION.GENERAL MILLS-CONTINUE TO EXPECT DOUBLE-DIGIT TOP AND BOTTOM-LINE GROWTH FOR BLUE BUFFALO TRANSITION BUSINESS THIS YEAR, EXCLUDING DEAL-RELATED CHARGES.FY2019 EARNINGS PER SHARE VIEW $3.05, REVENUE VIEW $17.17 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

General Mills Reaffirms Fiscal 2019 Outlook
Wednesday, 5 Sep 2018 08:00am EDT 

Sept 5 (Reuters) - General Mills Inc ::GENERAL MILLS REAFFIRMS FISCAL 2019 OUTLOOK.FY2019 EARNINGS PER SHARE VIEW $3.05, REVENUE VIEW $17.19 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

General Mills Details Global Growth Priorities At Annual Investor Day
Wednesday, 11 Jul 2018 12:33pm EDT 

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

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General Mills second-quarter profit jumps on tighter costs, price hikes

General Mills Inc reported a quarterly profit above Wall Street estimates on Wednesday as the maker of Cheerios cereal raised prices and eked out higher margins from cost savings.