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General Mills Inc (GIS.N)

GIS.N on New York Stock Exchange

44.97USD
4:00pm EDT
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$0.10 (+0.22%)
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Latest Key Developments (Source: Significant Developments)

General Mills Inc Files Preliminary Prospectus Supplement Related To Potential Six-Part Notes Offering
Tuesday, 3 Apr 2018 08:40am EDT 

April 3 (Reuters) - General Mills Inc ::GENERAL MILLS INC FILES PRELIMINARY PROSPECTUS SUPPLEMENT RELATED TO A POTENTIAL SIX-PART NOTES OFFERING - SEC FILING‍​.  Full Article

General Mills Announces Proposed Public Offering Of Senior Unsecured Notes
Tuesday, 3 Apr 2018 08:28am EDT 

April 3 (Reuters) - General Mills Inc ::GENERAL MILLS ANNOUNCES PROPOSED PUBLIC OFFERING OF SENIOR UNSECURED NOTES IN CONNECTION WITH PENDING ACQUISITION OF BLUE BUFFALO PET PRODUCTS.LAUNCHED REGISTERED PUBLIC OFFERING OF ABOUT $6 BILLION OF SENIOR UNSECURED NOTES AT VARIOUS MATURITIES​.  Full Article

General Mills Prices 22.7 Mln Share Offering at $44/Share
Tuesday, 27 Mar 2018 06:08pm EDT 

March 27 (Reuters) - General Mills Inc ::GENERAL MILLS ANNOUNCES PRICING OF PUBLIC OFFERING OF COMMON STOCK IN CONNECTION WITH PENDING ACQUISITION OF BLUE BUFFALO PET PRODUCTS.SAYS OFFERING OF 22.7 MILLION COMMON SHARES PRICED AT $44.00PER SHARE.‍EQUITY OFFERING IS EXPECTED TO CLOSE ON APRIL 2​.  Full Article

General Mills Files For Potential Mixed Shelf Offering, Size Not Disclosed
Monday, 26 Mar 2018 04:49pm EDT 

March 26 (Reuters) - General Mills Inc ::GENERAL MILLS INC FILES FOR POTENTIAL MIXED SHELF OFFERING; SIZE NOT DISCLOSED - SEC FILING.  Full Article

General Mills Q3 Earnings Per Share $1.62
Wednesday, 21 Mar 2018 07:01am EDT 

March 21 (Reuters) - General Mills Inc ::GENERAL MILLS REPORTS FISCAL 2018 THIRD-QUARTER RESULTS.Q3 ADJUSTED EARNINGS PER SHARE $0.79.Q3 EARNINGS PER SHARE $1.62.Q3 EARNINGS PER SHARE VIEW $0.78 -- THOMSON REUTERS I/B/E/S.Q3 SALES $3.9 BILLION VERSUS I/B/E/S VIEW $3.78 BILLION.‍UPDATES FISCAL 2018 FULL-YEAR OUTLOOK TO REFLECT HIGHER SUPPLY CHAIN COSTS​.‍BLUE BUFFALO ACQUISITION REMAINS ON TRACK TO CLOSE IN Q4 OF FISCAL 2018​.‍THIRD-QUARTER NET SALES FOR CONVENIENCE STORES & FOODSERVICE SEGMENT INCREASED 3 PERCENT TO $460 MILLION​.‍"OUR THIRD-QUARTER OPERATING PROFIT FELL WELL SHORT OF OUR EXPECTATIONS, AND COST PRESSURES ARE IMPACTING OUR FULL-YEAR OUTLOOK"​.QTRLY NET SALES FOR GENERAL MILLS' NORTH AMERICA RETAIL SEGMENT TOTALED $2.52 BILLION, UP 1 PERCENT FROM PRIOR YEAR.FULL-YEAR FISCAL 2018 ORGANIC NET SALES ARE EXPECTED TO BE IN LINE WITH LAST YEAR, WHICH IS UNCHANGED FROM PREVIOUS GUIDANCE​.GENERAL MILLS - ‍"TAKEN ACTIONS TO IMPROVE PROFITABILITY IN NEAR TERM, AND WE'VE LAUNCHED INITIATIVES THAT WILL REDUCE OUR LONG-TERM COST STRUCTURE"​.‍CONTINUES TO ESTIMATE CURRENCY TRANSLATION WILL INCREASE REPORTED NET SALES BY APPROXIMATELY 1 PERCENTAGE POINT IN FISCAL 2018​.‍ CONSTANT-CURRENCY TOTAL SEGMENT OPERATING PROFIT IS NOW EXPECTED TO DECLINE 5 TO 6 PERCENT IN FISCAL 2018​.‍ CONTINUE TO ESTIMATE THAT TCJA WILL HAVE A 2 POINT FAVORABLE IMPACT ON FISCAL 2018 ADJUSTED EFFECTIVE TAX RATE​.  Full Article

General Mills Declares Quarterly Dividend At Prevailing Rate Of $0.49 Per Share
Monday, 19 Mar 2018 05:01pm EDT 

March 19 (Reuters) - General Mills Inc ::GENERAL MILLS QUARTERLY DIVIDEND DECLARED.GENERAL MILLS INC - DECLARED A QUARTERLY DIVIDEND AT PREVAILING RATE OF $0.49 PER SHARE.  Full Article

General Mills Receives Antitrust Clearance For Blue Buffalo Deal
Monday, 19 Mar 2018 11:00am EDT 

March 19 (Reuters) - General Mills Inc ::GENERAL MILLS RECEIVES ANTITRUST CLEARANCE FOR BLUE BUFFALO ACQUISITION.GENERAL MILLS INC - CO CONTINUES TO EXPECT DEAL WITH BLUE BUFFALO TO CLOSE BY MAY 2018​.  Full Article

Blue Buffalo To Pay General Mills $234 Mln If Merger Agreement Terminated
Friday, 23 Feb 2018 05:27pm EST 

Feb 23 (Reuters) - Blue Buffalo Pet Products Inc ::BLUE BUFFALO PET PRODUCTS - IF MERGER AGREEMENT WITH GENERAL MILLS TERMINATED UNDER CERTAIN CONDITIONS, CO REQUIRED TO PAY GENERAL MILLS FEE OF $234 MILLION.  Full Article

General Mills To Acquire Blue Buffalo Pet Products
Friday, 23 Feb 2018 06:02am EST 

Feb 23 (Reuters) - General Mills Inc ::GENERAL MILLS ACCELERATES PORTFOLIO RESHAPING WITH ACQUISITION OF BLUE BUFFALO PET PRODUCTS.GENERAL MILLS - EXPECTS TO FINANCE DEAL WITH A COMBINATION OF DEBT, CASH ON HAND AND APPROXIMATELY $1.0 BILLION IN EQUITY.GENERAL MILLS - DEAL HAS BEEN APPROVED BY BOARDS OF DIRECTORS OF GENERAL MILLS AND BLUE BUFFALO.GENERAL MILLS INC - EXPECTS TO MAINTAIN ITS $0.49/SHARE QUARTERLY DIVIDEND AND SUSPEND ITS CURRENT SHARE REPURCHASE PROGRAM.GENERAL MILLS INC - DEAL ‍EXPECTED TO BE NEUTRAL TO CASH EPS IN FISCAL 2019 AND ACCRETIVE IN FISCAL 2020​.GENERAL MILLS INC - ‍TRANSACTION WILL BE IMMEDIATELY ACCRETIVE TO GENERAL MILLS NET SALES GROWTH AND OPERATING MARGIN PROFILE​.GENERAL MILLS - INVUS LP, FOUNDING BISHOP FAMILY SHAREHOLDERS, REPRESENTING OVER 50% OF BLUE BUFFALO'S OUTSTANDING SHARES, APPROVED DEAL.GENERAL MILLS - ‍ON COMPLETION OF DEAL, CO WILL OPERATE BLUE BUFFALO AS NEW PET OPERATING SEGMENT ALONGSIDE ITS 4 CURRENT OPERATING SEGMENTS​.GENERAL MILLS - EXPECTS TO MAINTAIN BLUE BUFFALO'S WILTON, CONNECTICUT HQ.GENERAL MILLS INC - ‍BLUE BUFFALO'S CEO, BILLY BISHOP, WILL CONTINUE TO LEAD BUSINESS AND REPORT TO JEFF HARMENING​.GENERAL MILLS - ALSO EXPECTS TO MAINTAIN BLUE BUFFALO'S JOPLIN, MISSOURI, RICHMOND, INDIANA MANUFACTURING & RESEARCH AND DEVELOPMENT FACILITIES.  Full Article

Blue Buffalo Pet Products Reports Q4 Adjusted Earnings Per Share Of $0.27
Friday, 23 Feb 2018 06:00am EST 

Feb 23 (Reuters) - Blue Buffalo Pet Products Inc ::BLUE BUFFALO REPORTS FOURTH QUARTER AND FULL YEAR 2017 RESULTS.Q4 ADJUSTED EARNINGS PER SHARE $0.27.Q4 SALES ROSE 14.2 PERCENT TO $337 MILLION.SEES FY 2018 ADJUSTED EARNINGS PER SHARE $1.20 TO $1.24.SEES FY 2018 SALES $1.4 BILLION TO $1.43 BILLION.BLUE BUFFALO - GENERAL MILLS WILL ACQUIRE BLUE BUFFALO FOR $40.00 PER COMMON SHARE, IN CASH, OR AN ENTERPRISE VALUE OF APPROXIMATELY $8.0 BILLION.‍NO LONGER PLANS TO UPDATE FINANCIAL GUIDANCE IN LIGHT OF GENERAL MILLS DEAL.BLUE BUFFALO - GENERAL MILLS WILL ACQUIRE BLUE BUFFALO FOR $40.00 PER COMMON SHARE, IN CASH, OR AN ENTERPRISE VALUE OF APPROXIMATELY $8.0 BILLION.QTRLY EARNINGS PER SHARE $0.27.Q4 EARNINGS PER SHARE VIEW $0.21, REVENUE VIEW $320.9 MILLION -- THOMSON REUTERS I/B/E/S.FY2018 EARNINGS PER SHARE VIEW $1.08, REVENUE VIEW $1.39 BILLION -- THOMSON REUTERS I/B/E/S.‍WILL NOT HOLD ITS INVESTOR CONFERENCE CALL ON Q4 2017 RESULTS IN LIGHT OF GENERAL MILLS DEAL​.  Full Article

UPDATE 1-Pepsi to buy Granny Smith apple chips maker Bare Foods

May 25 PepsiCo Inc said on Friday it would buy baked fruit and vegetable snack maker Bare Foods Co, as the food and beverage company expands its fast-growing healthy snack portfolio.