Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $58.52 USD
Change Today +0.31 / 0.53%
Volume 1.3M
As of 1:58 PM 08/3/15 All times are local (Market data is delayed by at least 15 minutes).

general mills inc (GIS) Snapshot

Open
$58.29
Previous Close
$58.21
Day High
$58.82
Day Low
$58.20
52 Week High
08/3/15 - $58.82
52 Week Low
10/15/14 - $48.32
Market Cap
35.0B
Average Volume 10 Days
3.0M
EPS TTM
$2.72
Shares Outstanding
598.7M
EX-Date
07/8/15
P/E TM
21.5x
Dividend
$1.76
Dividend Yield
2.90%
Current Stock Chart for GENERAL MILLS INC (GIS)

general mills inc (GIS) Details

General Mills, Inc. manufactures and markets branded consumer foods in the United States and internationally. It also supplies branded and unbranded food products to the foodservice and commercial baking industries. The company operates in three segments: U.S. Retail, International, and Convenience Stores and Foodservice. Its products include ready-to-eat cereals; convenient meals, including meal kits, ethnic meals, pizza, soups, side dish mixes, frozen breakfast, and frozen entrees; snacks comprising grain, fruit, and savory snacks, as well as nutrition bars and frozen hot snacks; refrigerated yogurt products; ice creams; baking mixes and ingredients; refrigerated and frozen dough products; and frozen and shelf-stable vegetable products. In addition, the company’s products comprise organic products, such as meal kits, granola bars, and cereal. The company sells its products directly, as well as through broker and distribution arrangements to grocery stores, mass merchandisers, membership stores, natural food chains, commercial and noncommercial foodservice distributors and operators, restaurants, and convenience stores, as well as to drug, dollar, and discount chains. Further, it owns retail shops that offer ice creams and frozen desserts. General Mills, Inc. also exports its products primarily to Caribbean and Latin American markets. The company was founded in 1928 and is based in Minneapolis, Minnesota.

42,000 Employees
Last Reported Date: 07/6/15
Founded in 1928

general mills inc (GIS) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: $1.2M
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $653.4K
Executive Vice President and Chief Operating ...
Total Annual Compensation: $653.4K
Compensation as of Fiscal Year 2014.

general mills inc (GIS) Key Developments

General Mills, Inc. to Close Two Snack Factories

General Mills, Inc. announced that the company is closing a snack manufacturing facility in Missouri and a snack, cereal and meals plant in suburban Chicago, resulting in the loss of 620 jobs. The company will wrap up operations at its snack manufacturing facility on Junge Boulevard in Joplin, Mo., by the end of 2015. The company has only been operating the location for about a year. The decision will affect 120 workers. The second closure is a plant in West Chicago that has been in operation since 1959. The closure will eliminate 500 jobs. The factory makes cereal, meals and snacks. If all goes according to plan, the plant will shut down by mid-2017, but the decision to close is subject to negotiations with union officials. The closures are a part of 'project century', the plan announced last fall to slim down the North American supply chain. Shortly after Project Century was unveiled, the company it would close two plants in California and Massachusetts. The company will have cut 1,694 manufacturing jobs after this latest round of closures.

General Mills Plans to Close Facilities

General Mills announced that it has tentatively decided to close an Illinois plant over the next few years, but will consult first with the union that represents the facility. General Mills said that if the facility is closed, it may impact about 500 jobs. The company plans negotiations and consultation with the union that represents workers at the West Chicago, Illinois, facility, before closing it. It expects the plant to be closed by the end of fiscal 2019, with a total cost of about $120 million. General Mills is also closing a snacks manufacturing plant in Joplin, Missouri. The move will result in the loss of about 120 jobs. The company expects about $11 million in charges in fiscal 2016 tied to the action. The closing is targeted to be completed by fiscal 2018's end. The total cost is expected to be approximately $12 million.

General Mills Unveils New Product Innovation to Address Consumer Interests in Key Trends Including Wellness and Convenience

General Mills unveiled its line-up of new products set to debut this summer. Leading this collection is a host of new products to align with growing consumer interest in wellness, including new Yoplait Plenti, Nature Valley Toasted Oats Muesli, and Annie's organic soups. The company has also announced significant moves to update the recipes for existing products in the U.S. including reducing sugar in Yoplait Original by 25%. The company has also made significant announcements on cereal. In February, General Mills said it would make the most popular flavors of Cheerios gluten-free, to the company's newly developed technology that separates its oats, which are naturally gluten-free, from other gluten-containing grains that find their way into the oat supply.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
GIS:US $58.52 USD +0.31

GIS Competitors

Market data is delayed at least 15 minutes.

Company Last Change
ConAgra Foods Inc $43.93 USD -0.13
Henkel AG & Co KGaA €109.58 EUR +1.75
Kao Corp ¥6,388 JPY +97.00
Kellogg Co $65.63 USD -0.54
Kimberly-Clark Corp $115.17 USD +0.20
View Industry Companies
 

Industry Analysis

GIS

Industry Average

Valuation GIS Industry Range
Price/Earnings 29.5x
Price/Sales 2.0x
Price/Book 7.0x
Price/Cash Flow 28.5x
TEV/Sales 1.4x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact GENERAL MILLS INC, please visit www.generalmills.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.