General Mills (NYSE: GIS ) launches its tender offer for Annie's (NYSE: BNNY ) at $46 per share. Th tender offer, which is expected to go over smoothly, is set to expire on October 29. Shares of Annie's trade at just a few pennies below the deal price. Post your comment!
A day after General Mills (NYSE: GIS ) said it would begin $100M in new ..... plants in California and Massachusetts. GIS will close a cereal plant in Lodi ..... eliminate unused production capacity. GIS reported Q3 results yesterday that included
ConAgra’s first quarter was relatively positive, especially compared with the firm’s recent performance and General Mills ’ weak U.S. retail results on Sept. 17. Sales were flat, but reported operating margins contracted 80 basis
(Reuters) - General Mills Inc reported a lower-than-expected quarterly profit as the maker of Cheerios cereal and Betty Crocker cake mixes lost further ground to cheaper store-branded foods amid rising demand for alternative breakfast options.
* Shares fall 4.7 pct (Adds CEO comment, details from conference call; updates shares)
Post ( POST -2% ) and Kellogg ( K -1.9% ) slide after General Mills delivers an underwhelming FQ1 report . Pricing pressure and low cereal volumes are concerns within the group. It's a tough day
A sluggish quarter from General Mills (NYSE: GIS ) shows retail why the acquisition ..... rough start for the fiscal year, General Mills held its annual guidance in check. Previous: GIS earnings , details GIS -3
Sept 17 (Reuters) - General Mills Inc, the maker of Cheerios cereal and Betty Crocker cake mixes, reported a 25 percent fall in quarterly profit as sales fell for the fourth straight quarter and merchandising costs rose.
General Mills (NYSE: GIS ) reports a drop in volume sliced off two points of growth in FQ2 . Price realization and mix added a point to sales growth. Revenue
General Mills (NYSE: GIS ): FQ1 EPS of $0.61 misses by $0.08 . Revenue of $4.27B (-2.3% Y/Y) misses by $110M . Press Release Post your comment!