|Bid||61.29 x 800|
|Ask||61.27 x 900|
|Day's Range||60.77 - 61.90|
|52 Week Range||46.59 - 66.14|
|Beta (5Y Monthly)||0.57|
|PE Ratio (TTM)||16.38|
|Earnings Date||Dec 16, 2020 - Dec 21, 2020|
|Forward Dividend & Yield||2.04 (3.31%)|
|Ex-Dividend Date||Oct 08, 2020|
|1y Target Est||64.33|
The food giant just reported strong earnings and something even more important, suggesting I made the right call in 2018.
General Mills (NYSE: GIS) got a big lift from the COVID-19 pandemic on the way to posting a second straight quarter of double-digit sales growth and surging profits last week. Judging by its market share gains over the last six months, investors might want to reconsider their judgments about the growth potential of this consumer staples giant. General Mills is on track to be a much stronger business even after the pandemic threat abates.
General Mills (GIS) is gaining on burgeoning demand amid coronavirus-led higher at-home consumption, which is helping it offset declines in away-from-home food demand.