Get new stock ideas every day delivered to your inbox based on income, stock ratings, seasonal trends, best value, and more Follow me on Twitter to see my latest articles, and for commentary on hot topics in retail and the broad market. Cumulative Growth of a $10,000 Investment in Stock AdvisorWhy General Mills, Inc. Stock Got Dumped Today @themotleyfool #stocks $GIS Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. Copyright ©2020 Dow Jones & Company, Inc. All Rights Reserved. All rights reserved. General Mills ate its Wheaties this morning. To the maximum extent permitted by law, neither we, any of our affiliates, nor any other person, shall have any liability whatsoever to any person for any loss or expense, whether direct, indirect, consequential, incidental or otherwise, arising from or relating in any way to any use of or reliance on our research or the information contained therein. Adjusted gross margin was down 250 basis points to 32.5% due to higher input costs and increased freight and logistics expenses.
General Mills shares have climbed more than 15% year to date through Tuesday’s close, one of the strongest showings in the packaged food group. We've detected you are on Internet Explorer. I write about consumer goods, the big picture, and whatever else piques my interest. For Dividend Stocks, Blue Chip Stocks, Most Active Stocks, Most Shorted Stocks, Cheap Stocks, Stocks on Sale, and much more
The cereal maker announced better-than-expected earnings and raised its financial forecasts. As always, use your best judgment when investing.Financhill is not an investment advisor and is not registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory Authority. The Ascent is The Motley Fool's new personal finance brand devoted to helping you live a richer life. He said, though, that the better-than-expected result may be partly “attributable to low Street expectations.”Copyright ©2020 Dow Jones & Company, Inc. All Rights ReservedThis copy is for your personal, non-commercial use only. Further, owners, employees, agents or representatives of Financhill are not acting as investment advisors and might not be registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory.The content on any of Financhill websites, products or communication is for educational purposes only. General Mills trades on the New York Stock Exchange (NYSE) under the ticker symbol \"GIS.\" General Mills' stock is owned by a number of of institutional and retail investors. None of the information presented should be construed as an offer to sell or buy any particular security. See: Past performance is not a guarantee of future results, and a loss of original capital may occur. Based on our forecasts, a long-term increase is expected, the "GIS" stock price prognosis for 2025-06-25 is 72.447 USD. Top institutional shareholders include BlackRock Inc. (6.90%), American International Group Inc. (1.54%), Federated Investors Inc. PA (0.95%), Dimensional Fund Advisors LP (0.49%), US Bancorp DE (0.48%) and Swiss National Bank (0.45%). CEO Jeff Harmening called the bottom-line results "disappointing" and said the broader industry was also experiencing the same headwinds.Management said it now expects constant-currency operating profit to be down 5% to 6% for the year, compared to a previous forecast of a decline of 1% to flat. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Your current $100 investment may be up to $117.7 in 2025. Jul. The risk of loss in trading securities can be substantial. Investing Basics For the best Barrons.com experience, please update to a modern browser. The information presented in this site is not intended to be used as the sole basis of any investment decisions, nor should it be construed as advice designed to meet the investment needs of any particular investor. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services.The parent of brands including Yoplait, Nature Valley, Haagen-Dazs, and Annie's said overall sales increased 2.3% in the period to $3.88 billion, which topped estimates of $3.78 billion.
Nothing in its products, services, or communications shall be construed as a solicitation and/or recommendation to buy or sell a security. Investing involves substantial risk. (TMFHobo) Most stock quote data provided by BATS. Adjusted operating profit was down 120 basis points to 15.7% and operating profit declined 6% in constant currency to $628 million. *Stock Score changes are based on previous closing prices