General Mills (GIS) PT Raised to $85 at BMO Capital; 'Rock Solid'

General Mills (GIS) PT Raised to $88 at Piper Sandler

September 22, 2022 6:07 AM EDT

Piper Sandler analyst Michael Lavery raised the price target on General Mills (NYSE: GIS) to $88.00 (from $80.00) while maintaining a Overweight rating.... More

General Mills (GIS) PT Raised to $77 at Credit Suisse

September 22, 2022 6:04 AM EDT

Credit Suisse analyst Robert Moskow raised the price target on General Mills (NYSE: GIS) to $77.00 (from $74.00) while maintaining a Neutral rating.... More

General Mills (GIS) PT Raised to $81 at BofA Securities

September 22, 2022 5:52 AM EDT

BofA Securities analyst Bryan Spillane raised the price target on General Mills (NYSE: GIS) to $81.00 (from $74.00) while maintaining a Neutral rating.... More

General Mills (GIS) PT Raised to $78 at Stifel

September 22, 2022 3:55 AM EDT

Stifel analyst Christopher R. Growe raised the price target on General Mills (NYSE: GIS) to $78.00 (from $72.00) while maintaining a Hold rating.... More

General Mills (GIS) PT Raised to $88 at Deutsche Bank

September 22, 2022 3:51 AM EDT

Deutsche Bank analyst Steve Powers raised the price target on General Mills (NYSE: GIS) to $88.00 (from $81.00) while maintaining a Buy rating.... More

Increasing unusual call option volume: SMCI COTY DFEN ORMP GIS FREY

September 21, 2022 9:50 AM EDT

Increasing unusual call option volume: SMCI COTY DFEN ORMP GIS FREY

... More

Pre-Open Movers: Glatfelter Sinks on Dividend Cut, General Mills Up on Outlook

September 21, 2022 9:17 AM EDT

Pre-Open Stock Movers:

Glatfelter Corporation (NYSE:... More

General Mills (GIS) Pops on Raised Guidance, Analyst Highlights Better Margin Delivery

September 21, 2022 8:41 AM EDT

Shares of General Mills (NYSE: GIS) are up over 2% in pre-market Wednesday after the company reported solid FQ1 results and raised guidance.

General Mills reported a Q1 EPS of $1.11 to top the analyst estimate of $0.99. Revenue for the quarter came in at $4.7 billion versus the... More

General Mills lifts annual forecast on upbeat demand for at-home cooking

September 21, 2022 7:19 AM EDT

By Mehr Bedi and Granth Vanaik

(Reuters) -General Mills Inc raised its full-year forecast after beating quarterly profit estimates on Wednesday, as higher product prices did not quell demand for the Cheerios maker's snacks and cereals.

Packaged food makers have been steadily raising prices on everything from cereals to beef jerky as they look to insulate their margins from increased costs tied to labor, ingredients and transportation without drawing consumer ire.

With inflation nearing... More

General Mills (GIS) Tops Q1 EPS by 12c, Offers Outlook

September 21, 2022 7:01 AM EDT

General Mills (NYSE: GIS) reported Q1 EPS of $1.11, $0.12 better than the analyst estimate of $0.99. Revenue for the quarter came in at $4.7 billion versus the consensus estimate of $4.72 billion.

Fiscal 2023 Outlook:

General Mills continues to expect the largest factors impacting its performance in fiscal 2023 will be the economic health of consumers, the inflationary cost environment, and the frequency and severity of disruptions in the supply chain. The company expects volume elasticities will increase over the remaining quarters of fiscal 2023 but remain below historical levels.... More