packaged food firms looking to consolidate the space. Based on recent transactions in the industry--including General Mills ' GIS purchase of Annie's in September 2014 for 4 times sales and 29 times on an enterprise value/trailing-12-month
Shares trade in line with our valuation, but investors with an interest in the packaged food space should look to General Mills , which we view as an attractive investment in an industry where discounts are few and far between. Excluding foreign
NEW YORK (Reuters) - General Mill Inc , which owes its return to growth in the United States to its purchase of organic macaroni-and-cheese maker Annie’s Inc and the popularity of its yogurt, faces a challenge with its traditional cereal brands.
NEW YORK, March 18 (Reuters) - General Mill Inc, which owes its return to growth in the United States to its purchase of organic macaroni-and-cheese maker Annie's Inc and the popularity of its yogurt, faces a challenge with its traditional cereal brands.
General Mills ' third-quarter results echoed recent sentiment from firms throughout ..... remains in place. At a modest discount to our revised fair value, we view General Mills as an attractive investment opportunity, in a space where discounts
March 18 (Reuters) - General Mills Inc, the maker of Cheerios cereal and Betty Crocker cake mixes, reported a better-than-expected quarterly profit as sales rose in the United States after five straight quarters of decline.
March 18 (Reuters) - General Mills Inc, the maker of Bisquick and Betty Crocker cake mixes, reported lower sales for the sixth straight quarter, hurt by a stronger dollar.
paid to be fair, though, unlike other deals in the organics arena, where valuations have gotten quite lofty, like General Mills ’ purchase of Annie’s in September 2014 for nearly 30 times EBITDA. Despite the small size, we think the tie-up
read a comparison of some of the major food companies ( General Mills and Kraft were my preferences, even before buying Heinz ..... have some healthy food (one of the things I like about General Mills was the acquistion of Annie's, and would like that
a challenge, but these headwinds aren't unique to General Mills , and we still believe the firm's solid brand portfolio ..... wise strategic move for the longer term. As such, General Mills ' admission that volume sold on promotion was off 1