The firm's quarterly revenue was up 8.1% compared to the same quarter last year. His wheelhouse includes cloud, IoT, analytics, telecom, and gaming related businesses. View all plans . Therefore, General Mills is a compelling investment if you expect the market -- which doesn't seem to fully reflect the dangers of COVID-19, the … Healthy snacking startup D's Naturals gets backing from cereal giant. “I think General Mills' ultimate goal is to invest in small companies that will one day become part of its portfolio," he said. To receive notifications via email, enter your email address and select at least one subscription below. These strategies enabled General Mills to generate consistent earnings growth even after its organic sales growth stalled out and it suspended its buybacks in 2018 to reduce its debt after buying Blue Buffalo. Purchase and sell shares at your convenience, view account balances, and reinvest your dividends. After submitting your information, you will receive an email. Second, the COVID-19 crisis sparked waves of panic shopping and boosted sales of General Mills' products, including Cheerios cereal, Yoplait yogurt, and Häagen-Dazs ice cream. Compare and choose from more than 140 investment plans. We serve the world by making food people love, providing quality brands in more than 100 countries on six continents. Optional cash investments may be made by check or by monthly … They categorize their sales into three core business segments: - U.S. Retail - International - Convenience Stores & … “I wouldn’t expect it [General Mills] to invest in Kellogg or one of their competitors. View General Mills, Inc. GIS investment & stock information. Analysts currently expect its revenue and earnings to decline 3% and 2%, respectively, this year. You can sign up for additional subscriptions at any time. A high-level overview of General Mills, Inc. (GIS) stock. General Mills Stock: Buy or Sell? Even if you're optimistic about the market's near-term prospects, it wouldn't hurt to hedge your bullish bets with some shares of General Mills, which will likely remain a top defensive stock for the foreseeable future. OR Like Kellogg, General Mills has dozens of brands under its corporate umbrella. To Enroll She is charged with setting the direction of the fund, managing the portfolio of existing investments and developing the pipeline for new investment opportunities. General Mills' stock has underperformed the S&P 500 over the past 10 years, but it's outperformed the index during severe market downturns. To address those challenges, it divested its weaker brands, acquired growing brands like the organic food maker Annie's, refreshed its classic brands with new variants like Blueberry Cheerios, and expanded into the premium pet food market by buying Blue Buffalo. General Mills' venture arm invests in company that delivers fresh-cooked meals for dogs The venture arm of General Mills is making its first outside investment in … 763-764-3202, Analysts/Investors: The company reported $0.83 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.69 by $0.14. General Mills' VC arm invests in healthy snacking startup D's Naturals. General Mills is on track with its three core priorities for fiscal 2021, which include competing efficiently, boosting efficiency to fuel investments and reducing leverage. The product, put out by Gathered Foods, uses six kinds of legumes and oil from sea algae for a “fishy” taste. If the current earnings report means anything, it seems that investment is paying off richly for General Mills. Investing in General Mills common stock involves certain risks. How We Practice We are seeking emerging food brands with a compelling product, a strategic fit and fueled by founders that are driven, passionate and aren’t going to settle for anything less than success. Stash allows you to purchase smaller, more affordable pieces of investments (called fractional shares) rather than the whole share, which can be significantly more expensive. During the same quarter i… Vice President Investor Relations To receive notifications via email, enter your email address and select at least one subscription below. Get the latest General Mills, Inc. GIS detailed stock quotes, stock data, Real-Time ECN, charts, stats and more. Initial investment - If you are not currently a shareholder, you must make an initial investment in our common stock of at least $250, or five $50 investments for five months. Investor Relations Department General Mills' (NYSE:GIS) stock has rallied nearly 20% this year against the S&P 500's 1% decline. First, macro headwinds -- including the U.S.-China trade war, COVID-19 crisis, and high unemployment rates -- caused many investors to buy defensive stocks with high dividend yields. Combining General Mills' Debt And Its 25% Return On Equity. Stock Advisor launched in February of 2002. After submitting your information, you will receive an email. Jeff Siemon Creating 301 Inc. has not only enabled General Mills to participate first-hand in early consumer trends through investing in companies such as … General Mills Ventures Meredith Schwarz leads General Mills Ventures, the company's corporate venture capital fund. For Kofi Bruce, who became CFO of General Mills shortly before the killing of Floyd George in the company's hometown of Minneapolis, environmental, social and governance (ESG) focus is more than an abstract goal. Questions Pillsbury, Chex Mix, Cheerios, Cocoa Puffs, Fiber One, Trix, Old El Paso, Hamburger Helper, Green Giant, Lucky Charms … However, the company didn't provide any guidance for 2021, citing the "highly uncertain" challenges related to COVID-19. Call EQ Shareowner Services at 1-800-670-4763. @themotleyfool #stocks $GIS $KHC, General Mills Brightens Its Earnings Outlook, General Mills Inc (GIS) Q2 2021 Earnings Call Transcript, Love Dividends? You can increase your ownership over time through purchases of common stock and the reinvestment of cash dividends, without paying brokerage commissions and other fees on your purchases and reinvestments. Largely due to the launch of Blue Buffalo in Walmart (NYSE:WMT) stores, as well as other price increases, the pet division of General Mills was the primary reason for the stellar earnings report. It is part of a numbers-driven plan to weave ESG values throughout the 93-year-old company. 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