General Mills Stock Gains on Q4 Earnings Beat

08:44am, Wednesday, 29'th Jun 2022
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%
General Mills Inc. GIS, -1.10% posted fourth-quarter net income of $822.8 million, or $1.35 per share, nearly double $416.8 million, or 68 cents per share, last year. Adjusted EPS of $1.12, ahead of t
General Mills Inc on Wednesday forecast earnings below estimates for the year, as the Cheerios cereal maker wrestles with higher costs and inflation-hit Americans opt for cheaper brands.
Analysts believe the report from General Mills 'will dictate the stock's and the broader packaged food sector's performance on the day.'
Some of the stocks that may grab investor focus today are: Wall Street expects General Mills, Inc. (NYSE: GIS) to report quarterly earnings at $1.01 per share on revenue of $4.81 billion before the op
The "Halftime Report" traders give their top picks to watch for the second half.
General Mills' (GIS) fourth-quarter fiscal 2022 results are likely to reflect gains from the Accelerate strategy and elevated at-home demand, while cost headwinds persist.
The three major U.S. equity indexes closed higher Friday, with the Nasdaq adding 3.34%, the S&P 500 rising by 3.06% and the Dow Jones industrials closing up 2.68%.

Three Buys & a Bail: GIS, STZ, KO & WBA

02:19pm, Friday, 24'th Jun 2022
Chantico Global CEO Gina Sanchez joins 'The Exchange' to offer up her three consumer staples picks and one stock to bail on.
Bellwethers in the consumer staples sector such as General Mills don't seem like they're able to price successfully ahead of inflationary headwinds, and many are experiencing tremendous gross margin p
General Mills (GIS) concludes the buyout of TNT Crust. This goes in tandem with the company's Accelerate strategy.
General Mills (GIS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Investors can ride out a downturn by sticking to these recession-proof stocks, experts say.
General Mills, Inc. (NYSE:GIS ) dbAccess Global Consumer Conference Transcript June 15, 2022 10:00 AM ET Executives Jeff Harmening - Chairman and CEO Analysts Steve Powers - Deutsche Bank Steve Powers

Should You Invest in the Invesco Dynamic Food & Beverage ETF (PBJ)?

10:20am, Wednesday, 15'th Jun 2022 Zacks Investment Research
Sector ETF report for PBJ
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