-
Cereal Killers: Breakfast Food Makers Retool To Capture Elusive Millennial Market
Thursday, July 13, 2017 - 3:27pm | 898Read More...It’s come to this: A bag of squeezable oatmeal-to-go is coming to market because so many millennials think it’s too much trouble to pour a bowl of cereal. The world’s major breakfast cereal companies are improving ingredients, using more natural flavors, laying off workers,...
-
General Mills: What Went Wrong?
Wednesday, February 1, 2017 - 4:17pm | 591Read More...Yogurt has been the source of great misfortune for General Mills, Inc. (NYSE: GIS), according to a Wednesday note by Credit Suisse. After U.S. sales fell 10 percent last quarter, vice president David Clark attributed a 3-percent overall decline in the category to weaker volume and pricing, lost...
-
General Mills' Sales Growth Dependent On Innovation In Yogurt
Thursday, June 30, 2016 - 3:10pm | 341Read More...CLSA analysts Michael Lavery and Will Gaertner think General Mills, Inc. (NYSE: GIS)'s sales upside is dependent on innovation in yogurt. The company's outlook is also weaker than expected by the Street analysts. As a result, the brokerage retained its Underperform rating and a price target of $65...
-
General Mills Reports Curdling Fiscal Year on Input-Cost Inflation
Wednesday, June 27, 2012 - 8:58am | 425Read More...Famed consumer foods marketer General Mills (NYSE: GIS) reported fourth-quarter and fiscal 2012 results this morning, blaming constrained earnings growth on high input-cost inflation. With net sales rising just 12% throughout the year to $16.7 billion versus an analyst-estimated increase of about...
-
Deutsche Bank Maintains Buy, $46 Target on General Mills
Wednesday, December 14, 2011 - 11:04am | 95Read More...Deutsche Bank reiterates its Buy rating and $46 target price on General Mills (NYSE: GIS) ahead of earnings preview for F2Q12. Deutsche Bank comments, “We recently increased our price target in part based on leading share in U.S. categories (cereal, refgd. dough, yogurt, cake mix), relatively low...
-
General Mills Earnings Preview: Marginal Sales Growth Expected
Tuesday, June 28, 2011 - 8:30am | 342Read More...General Mills (NYSE: GIS) is set to report fourth-quarter fiscal 2011 results tomorrow, June 29, before the markets open. The report should offer a look at where things stand in terms of the cost of food and transportation. Analysts are looking for the maker of Wheaties and Lucky Charms to report...
-
Earnings Expectations for the Week of June 27
Sunday, June 26, 2011 - 9:56am | 1012Read More...As the calendar quarter winds down this week, S&P 500 components scheduled to report quarterly results include Family Dollar Stores, General Mills, Monsanto and Nike. Analysts on average are expecting to see year-over-year earnings growth from each of them. Here are the consensus per-share...
-
Earnings Preview for Dean Foods (DF, GIS)
Sunday, May 8, 2011 - 5:20pm | 371Read More...Dean Foods (NYSE: DF) is expected to announce its Q1 earnings results on Tuesday, May 10, before the markets open. Analysts are expecting earnings per share to be $0.06, or a fall of 73.9% on Q1 2010. Revenues are projected to stand at $3.07 billion, or an increase of 3.3% year-over-year. Dean...
