|Bid||43.83 x 2900|
|Ask||44.01 x 900|
|Day's Range||43.85 - 44.97|
|52 Week Range||41.01 - 60.69|
|PE Ratio (TTM)||11.76|
|Earnings Date||Sep 18, 2018 - Sep 24, 2018|
|Forward Dividend & Yield||1.96 (4.35%)|
|1y Target Est||48.28|
The trend toward healthy eating hasn't affected General Mills's profits. Yahoo Finance's Seana Smith, Dan Roberts and Andy Serwer discuss.
Say "Oui" to four delightful new flavors, including Sea Salt Caramel, Chocolate with Shavings, Dark Chocolate Raspberry and Caramelized Apple, each served up in pairs of petite glass pots. MINNEAPOLIS, July 17, 2018 /PRNewswire/ -- Oui™ by Yoplait® – the French style yogurt sold in a glass pot – has released a new petite way to enjoy the remarkable taste, texture and simplicity Oui™ fans know and love. New Oui™ by Yoplait® Petites will be sold in pairs of small 3.5 oz.
What Caused the Consumer Sector to Rise Last Week? In terms of YTD (year-to-date) performance, the consumer discretionary sector has performed better than the consumer staples sector and the S&P 500 Index. The S&P 500 Consumer Discretionary Index (14.2%) has outperformed the S&P 500 Index (4.7%) and the S&P 500 Consumer Staples Index (-7.8%) YTD.
Under assessment this morning are these four stocks: Conagra Brands Inc. (NYSE: CAG), Flowers Foods Inc. (NYSE: FLO), General Mills Inc. (NYSE: GIS), and Hostess Brands Inc. (NASDAQ: TWNK). Last Friday, shares in Chicago, Illinois headquartered Conagra Brands Inc. ended the session 0.03% higher at $36.07.
blew Wall Street away with its second-quarter results on Friday, bolstering its status as the best bank stock to own. "The banks posted strong results last quarter, but failed to gain the respect of the market," said Action Alerts PLUS senior portfolio analyst Jeff Marks. investor day on Wednesday, Credit Suisse analyst Robert Moskow said he thinks the packaged food giant could put Progresso up for sale.
LONDON, UK / ACCESSWIRE / July 13, 2018 / If you want access to our free earnings report on General Mills, Inc. (GIS), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=GIS. The Company reported its fourth quarter fiscal 2018 and full fiscal year 2018 operating and financial results on June 26, 2018. Additionally, the Company provided its guidance for FY19.
Topics included a revival in stagnant categories, e-commerce growth, its Blue Buffalo pet-food acquisition, and how it plans to handle rising costs in the coming year.
investor day on Wednesday, Credit Suisse analyst Robert Moskow thinks the packaged food giant could put Progresso up for sale. "CEO Jeff Harmening put more emphasis than we expected on his intent to divest 5% of the company's sales as he reshapes the portfolio through M&A to return to growth. Given the lack of details in the presentation about the marketing plans for canned soup and the weak trends in the category, we would not be surprised if management decided to sell its Progresso brand.
General Mills' (GIS) key priorities include competing efficiently, driving differential growth platforms and restructuring its portfolio.
This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on July 10. Index (PMI) data, output in the Consumer Goods sector is rising.
is counting on new products ranging from cereals to power bars to yogurt to boost growth in the coming year, an approach one analyst says risks narrower margins and profits. The packaged goods maker outlined the strategy at its investor day on Wednesday, July 11. Epic Performance Bars made with an egg-white base, and YQ yogurt, which touts lower levels of sweetener than the company's other brands.
NEW YORK , July 11, 2018 /PRNewswire/ -- General Mills (NYSE: GIS) executives updated investors and analysts on its global growth priorities at the company's annual Investor Day. General Mills Chairman ...
Analysts expect Hain Celestial’s (HAIN) fiscal 2018 sales to reach $2.47 billion, representing a YoY (year-over-year) decline of 13.5%. The company’s management had lowered its fiscal 2018 sales guidance due to the divestment of the Hain Pure Protein business.
The maker of Cheerios, Yoplait yogurt and Progresso soup is a mixed bag for investors. In April, General Mills bought the high-end natural pet food company Blue Buffalo for $8 billion, which was considered pricey by some. The company financed the transaction with a combination of $6 billion in long-term debt, $1 billion in equity, and cash on hand.
On July 6, Hain Celestial (HAIN) was trading at a 12-month forward PE (price-to-earnings) ratio of 22.9x. Following its fiscal third-quarter results,1 which were released on May 8, Hain Celestial’s valuation multiple has risen 50.8%.
Corporate guidance, however, could be the catalyst for a fresh move lower in the markets. RBC Capital Markets analyst Amit Daryanani was first out of the gate on Sunday, reiterating an outperform rating and $210 price target on Apple. Said Daryanani, "We see several levers that AAPL can use to convert low single digit unit/sales growth to mid-teens EPS growth: 1) Gross margin upside from cost downs, NAND tailwinds & yield efficiencies, 2) Services growth, & 3) Capital allocation." In other words, don't give up on Apple.
The pullback in the stocks of packaged food companies has resulted in lower valuations for these companies. The stocks of most food companies are trading well below their historical averages. Despite their valuation multiples, investors haven’t budged due to sales and margin headwinds that are likely to affect the stocks.