General Mills Stock News

General Mills ( GIS , Financial) reported quarterly earnings on Dec. 21 that showed mixed results.

Valeo Financial Advisors LLC boosted its position in General Mills, Inc. (NYSE:GIS) by 6.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 27,358 shares of the companys stock after acquiring an additional 1,734 shares during the quarter. Valeo Financial []

This article was originally published on TipRanks.com General Mills (GIS) delivered mixed Fiscal Q2 2022 results characterized by an earnings miss and a The post General Mills Delivers Mixed Q2 Results; Updates Guidance appeared first on Smarter Analyst .

General Mills has posted a 13% decline in operating profit in its fiscal 2022 Q2 results, after it grappled with soaring raw material prices and elevated costs related to supply chain disruptions. The company missed Wall Street estimates for quarterly profit, according to Reuters with the inflationary and supply cost pressures outstripping efforts to raise product prices. []

General Mills, Inc. (NYSE:GIS)s stock price gapped down prior to trading on Tuesday following a weaker than expected earnings announcement. The stock had previously closed at $67.79, but opened at $64.25. General Mills shares last traded at $65.30, with a volume of 26,952 shares changing hands. The company reported $0.99 earnings per share (EPS) for []

Analysts expect General Mills, Inc. (NYSE:GIS) to report $1.06 earnings per share for the current quarter, Zacks reports. Five analysts have provided estimates for General Mills’ earnings, with the highest EPS estimate coming in at $1.10 and the lowest estimate coming in at $1.03. General Mills also reported earnings per share of $1.06 in the […]

U.S. Capital Wealth Advisors LLC acquired a new stake in shares of General Mills, Inc. (NYSE:GIS) in the third quarter, HoldingsChannel.com reports. The firm acquired 129,663 shares of the companys stock, valued at approximately $7,756,000. Other institutional investors have also recently bought and sold shares of the company. Inscription Capital LLC increased its position in []

General Mills has painted a bleak picture for the potential pass-through effect to the consumer from rising input costs, with… Read More... The post General Mills paints bleak outlook for cost inflation appeared first on Just Food .

General Mills, Inc. (GIS) CEO Jeff Harmening on Q2 2022 Earnings Call Transcript

General Mills (NYSE:GIS) issued an update on its FY22 earnings guidance on Tuesday morning. The company provided EPS guidance of $3.71-$33.83 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.79. General Mills stock opened at $67.79 on Tuesday. The firms 50 day simple moving average is $63.35 and its 200-day simple []

General Mills, Inc. (NYSE: GIS) Q2 2022 earnings call dated Dec. 21, 2021 Presentation: Operator Greetings, and welcome to the General Mills Second Quarter Fiscal 2022 Earnings Conference Call. [Operator… […] The post General Mills, Inc. (GIS) Q2 2022 Earnings Call Transcript first appeared on AlphaStreet .

General Mills' (GIS) Q2 results reflect the adverse impacts from input cost inflation and supply chain disruptions. Nonetheless, the Accelerate strategy & efforts to reshape its portfolio bode well.

General Mills Inc. has already raised prices for its products, and says ongoing supply chain disruptions and inflation will drive another pricing shift in the future.

General Mills (GIS) delivered earnings and revenue surprises of -6.60% and 3.04%, respectively, for the quarter ended November 2021. Do the numbers hold clues to what lies ahead for the stock?

General Mills Inc (NYSE: GIS) reported second-quarter FY22 sales growth of 6.5% year-on-year, to $5.02 billion, beating the analyst consensus of $4.84 billion. North America Retail segment sales in