44.73 -0.25 (-0.56%)
After hours: 5:00PM EDT
|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's Range||44.49 - 45.11|
|52 Week Range||41.01 - 60.69|
|PE Ratio (TTM)||12.03|
|Earnings Date||Jun 27, 2018|
|Forward Dividend & Yield||1.96 (4.31%)|
|1y Target Est||48.95|
General Mills on Tuesday unveiled YQ by Yoplait, pitching the new protein-packed yogurt brand will help woo back customers who abandoned Yoplait in recent years for Greek-style rivals.
- YQ by Yoplait Plain brings new 1-gram-sugar-per-serving option to the category - Flavored varieties offer 9 grams of sugar per serving, 40 percent less sugar than the leading Greek low-fat yogurt* MINNEAPOLIS ...
Monday marked the official announcement that an annual PGA tour event will take place in Minnesota, but there's still a ton of planning and work to be done.
General Mills Inc. is betting that less sugar will help spark growth in the company’s slumping yogurt unit. Called “YQ by Yoplait,” the new variety is made with so-called ultra-filtered milk and is less sweet than many popular products in the category. A year ago, General Mills released Oui, a yogurt with French heritage, and the product is on track to reach $100 million in annual sales, making it one top-performing new product launches in the past few years, according to the company.
U.S. equities are trading meekly on Monday, inching lower with caution. The specter of an outright trade war with China looms large, with a tit-for-tat involving billions in import tariffs already underway. Moreover, central banks are turning increasingly hawkish with the Federal Reserve jacking interest rates higher again last week and promising two more hikes before the year is out. The European Central Bank is committed to ending its bond buying stimulus program before the end of the year.
Lazy financial writers like to say that higher bond yields will hurt dividend stocks. This blanket statement may sound reasonable, but it’ll cost you money if you take it at face value.
MINNEAPOLIS, June 18, 2018 /PRNewswire/ -- General Mills (GIS) has announced Katie Stagliano, founder of Katie's Krops, as the grand prize winner of the inaugural General Mills Feeding Better Futures Scholars Program, an initiative encouraging young people to share their in-action hunger relief and sustainable agriculture solutions for a chance to win $50,000, industry mentorship and exposure at the prestigious Aspen Ideas Festival. Jeff Harmening, CEO and chairman of General Mills, surprised Stagliano with a remote announcement at Tricounty Family Ministries food pantry — the place that inspired her to start Katie's Krops at just nine-years-old — as she celebrated the non-profit's ten-year anniversary.
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Stocks of companies like Procter & Gamble (PG) and General Mills (GIS) were downtrodden amid poor earnings and forecasts. Consumer-staples companies rallied for a fifth straight session on Tuesday, powered higher by heavyweights General Mills and Kellogg (K).
among the FTSE 250’s biggest gainers after full-year results from the classified advertising specialist matched market expectations and gave a reassuring outlook. “There was a lot of nervousness from the buyside that consensus was too high,” said Barclays, which saw management’s guidance as implying no downgrades. The company said digital subscriptions had countered a poor performance for Cannes Lions, its creativity festival, which was due to weak revenues from advertising agencies.
Editor’s Note: This is the second part of a Heard on the Street series on the food industry. Daniel Acker/Bloomberg News A Campbell Soup Co. acquired smoothie maker Bolthouse Farms in 2012 for $1.55 billion.
MINNEAPOLIS , June 6, 2018 /PRNewswire/ -- General Mills, Inc. (NYSE: GIS) plans to webcast two upcoming investor presentations. The company plans to report results for its fiscal 2018 fourth quarter ...
As of May 29, Kellogg (K) stock was trading at a forward PE multiple of 14.5x, which is about 20% lower than its historical average PE of 18.2x. Meanwhile, Kellogg stock is also trading 7% lower than the peer group average of 15.6x.
In Wednesday’s webinar, along with other issues, our analyst discussed the reasons that traders fear President Trump’s tariff plans will lead to retaliation against U.S. grain exports. Lower commodity prices will likely squeeze margins on producers and make farmers a little less likely to purchase new equipment from companies like Deere & Company ( DE) later in 2018.
The Kellogg Company (K) impressed investors with its earnings performance despite significant pressure on profitability from soft organic sales, higher promotional and brand building expenses, and increasing costs.
The sales of packaged food manufacturers have taken a hit in the past several months, reflecting low demand for their traditional products amid a consumer shift towards healthy and protein-rich foods. Meanwhile, retailers reducing inventory and private-label products gaining shelf space are posing further challenges.
As of May 29, Kellogg (K) stock is up 14% since the company reported better-than-expected first-quarter results on May 3. Kellogg not only surpassed analysts’ expectations on the sales and earnings front but also managed to improve its organic sales on a YoY (year-over-year) basis. Kellogg’s organic sales have remained weak in the past several quarters, reflecting lower demand for packaged foods and list price adjustments following the company’s transition.
General Mills (GIS) Chairman and Chief Executive Jeffrey Harmening made his first open-market purchase of the company's stock as he approached the one-year anniversary of his CEO appointment on June 1. A trust controlled by Harmening bought 6,000 General Mills shares on May 23 for $253,110, or $42.18 each on average. Barron's calculates that it is the biggest purchase of stock by a General Mills executive or director since July 2010.
Corporate America's bottom line is booming on the back of a resurgent economy and the prospect that the good times are just getting started.
The aversion to processed food has the nation’s food giants finding their way to the Bay Area to buy startups on trend in terms of healthier, organic or unique offerings. The big food companies have trouble innovating, but are great at taking a good idea to scale.
Following a tense G7, President Trump struggles to find support for his trade policies at home. Yahoo Finance's Seana Smith, Andy Serwer and Julia La Roche discuss.