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The Latest Breaking News from General Mills

Corporations have a duty to prevent child labor abuses in their supply chains. Here’s how they’re still getting off the hook

Major brands should be held strictly liable for egregious labor violations in their supply chains–regardless of whether they knew about the violations.

How frugal shoppers are helping to fight inflation

It's not just the Federal Reserve that can fight inflation — consumers can, too, by changing their buying habits, Deloitte researchers say.

Tribune News Service

What is "healthy?" FDA, makers disagree

What is "healthy?" FDA, makers disagree

Last September, the FDA proposed an updated definition of the food label to incorporate new research on nutrition

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New job training program at Summit Academy addresses labor shortage in food manufacturing

Summit Academy OIC has teamed up with a nonprofit and some of the region's largest food companies to offer a new pilot program that will train workers to help fill the labor shortage in food manufacturing.

Tribune News Service

Elon Musk's net worth drop breaks world record as biggest in history

The Tesla and Twitter CEO has also lost the title of world's richest person, which has been handed to LVMH founder Bernard Arnault.

Honest Company's new CEO has a plan to boost the brand's $3 share price

Amazon and General Mills alum Carla Vernón will be the new CEO of Jessica Alba's brand.

Revealed: group shaping US nutrition receives millions from big food industry

Academy of Nutrition and Dietetics has a record of quid pro quos with a range of food giants, documents show

The Guardian - US

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The 'Betty Crocker Cookbook,' in its 13th edition, is 'radically refreshed'

The "Big Red" cookbook was first published in 1950.

Tribune News Service

The fall of a virtual cereal-themed town

The fall of a virtual cereal-themed town

"Millsberry closing was as if my best friend died, it's a loss you can't express in words"

General Mills pauses its advertising on Twitter

As prominent advertisers and users warily watch what will become of Twitter under new owner Elon Musk, General Mills joined the list of corporations taking a break from advertising on it.

Tribune News Service

Twitter adds fact-check to Musk tweet

Twitter adds fact-check to Musk tweet

Days after his takeover, Musk is complaining that the company faces a “massive drop in revenue”

General Mills latest to halt Twitter ads as Musk takeover sparks brand exodus

Cheerios and Lucky Charms cereal company joins General Motors Co and Audi among others in pulling money from the platform

The Guardian - US

General Mills CEO: 'Brands need to stand for something'

At the end of the last decade, General Mills and its competitors were fighting for every penny as many consumers abandoned legacy packaged food brands.

Tribune News Service

Amazon And 3 Other Stocks Insiders Are Selling

Amazon And 3 Other Stocks Insiders Are Selling

The Nasdaq Composite surged by over 200 points on Monday. Investors, meanwhile, focused on some notable insider trades.

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Grocery prices prompt 'trading down' to cheaper alternatives, more awareness of food waste

More grocery shoppers are turning to store brands and frozen food as inflation forces cost-cutting and a drive to reduce personal food waste, recent surveys show.

Insiders Selling General Mills, Designer Brands And This Energy Stock

US crude oil futures traded higher by 2% on Tuesday. Investors, meanwhile, focused on some notable insider trades.

This Is What Whales Are Betting On General Mills

Someone with a lot of money to spend has taken a bearish stance on General Mills (NYSE:GIS). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

General Mills' classic Monster Cereals are back with a reimagined look

Artist KAWS has designed boxes — and collectible prizes — for Franken Berry, Count Chocula, Boo Berry and Frute Brute, which are back for General Mills' seasonal release of Monster Cereals.

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General Mills launches first brand loyalty program

MINNEAPOLIS — As high grocery prices continue to vex shoppers, General Mills is hoping to steer them toward its portfolio of products with its first brand loyalty program.

Tribune News Service

General Mills remains on track to meet 2030 regenerative ag goal

MINNEAPOLIS — A group of General Mills employees recently traveled to a farm in Redwood Falls, Minn., to feel the difference regenerative agriculture has made for the soil.

General Mills Up 8% In June, Is Now The Time To Buy?

General Mills Inc. (NYSE: GIS) stock price has climbed 107% since January 2019, 13% since the start of 2022 and 8% in June.

Looking Into General Mills's Recent Short Interest

General Mills's (NYSE:GIS) short percent of float has fallen 4.56% since its last report. The company recently reported that it has 13.67 million shares sold short, which is 2.3% of all regular shares that are available for trading.

General Mills Earnings Perspective: Return On Invested Capital

According to Benzinga Pro, during Q4, General Mills (NYSE:GIS) earned $825.80 million, a 24.63% increase from the preceding quarter. General Mills also posted a total of $4.89 billion in sales, a 7.79% increase since Q3.

Analyst Ratings for General Mills

Analysts have provided the following ratings for General Mills (NYSE:GIS) within the last quarter:

General Mills Stock Gains on Q4 Earnings Beat

General Mills Inc (NYSE:GIS) reported fourth-quarter FY22 sales growth of 8% year-on-year to $4.89 billion, beating the consensus of $4.81 billion. North America Retail segment sales increased 11% Y/Y to $3 billion. Pet segment sales increased 37% to $610 million, while International segment sales fell 21% to $750 million. Adjusted EPS of $1.12…

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