|11/07/14||General Mills Updates Targets For Fiscal 2015 Growth And Multi-Year Cost Savings Initiatives|
|MINNEAPOLIS, Nov. 7, 2014 /PRNewswire/ -- General Mills (NYSE: GIS) said today that in response to continued weak food-industry trends in the U.S. and slowing growth in key emerging markets, the company is reducing its sales and earnings expectations for the fiscal year ending in May 2015.
General Mills fiscal 2015 net sales in constant currency are now expected to grow at a low single-digit rate from the 2014 base of $17.9 billion. This includes an estimated 2 points of sales growth from th... |
|11/03/14||General Mills Elects David Cordani To Its Board Of Directors|
|MINNEAPOLIS, Nov. 3, 2014 /PRNewswire/ -- General Mills (NYSE: GIS) today elected David M. Cordani to its board of directors.
Cordani, 48, is President and Chief Executive Officer of Cigna Corporation (NYSE: CI), a global health insurance and health services company. Cordani joined Cigna in 1991 and has held a variety of finance and operating positions, including Chief Financial Officer for CIGNA HealthCare and President and Chief Operating Officer for Cigna Corporation. He was... |
|09/23/14||General Mills Quarterly Dividend Declared|
|Company Holds 86th Annual Shareholders Meeting
MINNEAPOLIS, Sept. 23, 2014 /PRNewswire/ -- The General Mills Board of Directors today declared a quarterly dividend at the prevailing rate of $0.41 per share, payable Nov. 3, 2014, to shareholders of record Oct. 10, 2014. General Mills (NYSE: GIS) and its predecessor firm have now paid dividends without reduction or interruption for 116 years.
In actions at General Mills' 86th annual meeting held today in Minneapolis, shareholders elected th... |
|09/17/14||General Mills Reports Fiscal 2015 First Quarter Results|
|Company Announces $100 Million Cost-Savings Plan from Streamlining its North American Supply Chain
Full-year 2015 Targets Maintained; Operating Environment More Challenging
MINNEAPOLIS, Sept. 17, 2014 /PRNewswire/ -- General Mills (NYSE: GIS) today reported results for the first quarter of fiscal 2015, and provided an update on new cost-reduction initiatives designed to sharpen the company's efficiency and growth focus in 2015 and longer term.
First Quarter Results Summary
|09/10/14||General Mills To Webcast Earnings Conference Call On Wednesday, September 17, 2014|
|MINNEAPOLIS, Sept. 10, 2014 /PRNewswire/ -- General Mills (NYSE: GIS) plans to report results for its fiscal 2015 first quarter on Wednesday, September 17, 2014. A webcast discussion of those results will be held that day, beginning at 7:30 a.m. Central time (8:30 a.m. Eastern time). Interested investors can access this webcast and slides supporting the company's presentation by logging onto www.generalmills.com.
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SOURCE Ge... |
|09/08/14||General Mills To Acquire Annie's|
|Acquisition will expand General Mills' fast-growing natural and organic foods business
MINNEAPOLIS, Sept. 8, 2014 /PRNewswire/ -- General Mills, Inc. (NYSE: GIS) said today that it has entered into a definitive agreement to acquire Annie's, Inc. (NYSE: BNNY), a leading U.S. producer of branded organic and natural food products with net sales of $204 million in its latest fiscal year (completed March 2014).
Annie's will join General Mills' U.S. natural and organic products portfolio, which ... |
|06/25/14||General Mills Reports Fiscal 2014 Results And Outlines Growth Targets For 2015|
|Fiscal 2014 Results Below Expectations
Fiscal 2015 Plans Include Strong Innovation, Productivity Savings, and New Cost-reduction Initiatives Designed to Sharpen Efficiency and Growth Focus
MINNEAPOLIS, June 25, 2014 /PRNewswire/ -- General Mills (NYSE: GIS) today reported results for the fourth quarter and full fiscal year ended May 25, 2014.
Fiscal 2014 Results Summary
Net sales grew 1 percent to $17.9 billion.
Adjusted segment operating profit totaled $3.2 billion, down 2 pe... |
|06/24/14||General Mills Elects Henrietta Fore To Board Of Directors|
|William Esrey To Retire from the Board in September
Board Also Declares Regular Quarterly Dividend
MINNEAPOLIS, June 24, 2014 /PRNewswire/ -- General Mills (NYSE: GIS) today elected Henrietta H. Fore to its board of directors.
Ms. Fore is Chairman of the Board and Chief Executive Officer of Holsman International, a manufacturing, consulting and investment company. She also serves as global co-chair of Asia Society and global co-chair of WomenCorporateDirectors. Previo... |
|06/18/14||General Mills Will Webcast Two Upcoming Investor Briefings|
|MINNEAPOLIS, June 18, 2014 /PRNewswire/ -- General Mills (NYSE: GIS) plans to report results for its fiscal 2014 fourth quarter and full year on Wednesday, June 25, 2014. A webcast discussion of those results will be held that day, beginning at 7:30 a.m. Central time (8:30 a.m. Eastern time).
General Mills also plans to hold an investor briefing on its plans for continuing growth in fiscal 2015. This two-hour webcast can be accessed live on July 8, 2014, beginning at 9:00 a.m. Central time ... |
|03/19/14||General Mills Reports Fiscal 2014 Third-Quarter Results|
|MINNEAPOLIS, March 19, 2014 /PRNewswire/ -- General Mills (NYSE: GIS) today reported results for the third quarter of fiscal 2014. Sales and operating profit for the 13 weeks ended Feb. 23, 2014, reflect lower volumes, consistent with generally weak food industry trends during this period; the impact of increased consumer marketing and merchandising investment in the company's U.S. yogurt business; and negative foreign currency effects.
Fiscal 2014 Third Quarter Financial Summary
Net ... |
|03/14/14||General Mills Updates Fiscal 2014 Outlook|
|MINNEAPOLIS, March 14, 2014 /PRNewswire/ -- General Mills (NYSE: GIS) said today that it continues to expect adjusted diluted earnings per share (EPS) for the fiscal year ending May 25, 2014, to total between $2.87 and $2.90 per share. Adjusted diluted EPS excludes mark-to-market valuation effects for certain commodities and grain inventories; restructuring and other exit costs; and now also excludes the impact of changes in Venezuelan foreign currency policy.
General Mills said its sales an... |
|03/11/14||General Mills Declares 8 Percent Dividend Increase|
|Company Will Webcast Upcoming Third Quarter Earnings Conference Call
MINNEAPOLIS, March 11, 2014 /PRNewswire/ -- General Mills (NYSE: GIS) said today that the board of directors declared a quarterly dividend of $0.41 per share, payable May 1, 2014, to shareholders of record April 10, 2014. This represents an 8 percent increase from the previous quarterly rate of $0.38 per share. Including the new May quarterly payment, General Mills dividends per share in fiscal 2014 will total $1.55... |
|02/18/14||General Mills Reaffirms EPS Guidance for Fiscal 2014|
|MINNEAPOLIS, Feb. 18, 2014 /PRNewswire/ -- In conjunction with a presentation today at the Consumer Analyst Group of New York (CAGNY) investor conference, General Mills (NYSE: GIS) reaffirmed its earnings guidance for the fiscal year ending May 25, 2014. Guidance for adjusted diluted EPS continues to be a range of $2.87 to $2.90. As previously noted, devaluation of the Venezuelan bolivar would likely put results at the low end of this range.
A webcast of today's General Mills presentation a... |
|02/11/14||General Mills Will Webcast February 18 Analyst Presentation|
|MINNEAPOLIS, Feb. 11, 2014 /PRNewswire/ -- General Mills (NYSE: GIS) will webcast its upcoming presentation at the Consumer Analyst Group of New York (CAGNY) conference. Interested investors can listen to the live broadcast beginning at 8:00 a.m. Eastern Standard Time on Tuesday, February 18, 2014. This webcast will be accessible on the Internet at www.generalmills.com. A replay of the presentation will be available at the same website through Friday, March 7, 2014.
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