Recently, **General Mills (NYSE:GIS)** has hit a 52-week low, though it is still considered among the best pizza stocks by hedge funds. Innovations included transforming chicken noodle soup into a hard candy. Assenagon Asset Management S.A. and Avanza Fonder AB have significantly invested in General Mills, despite its shares struggling with inflation and lower profit outlooks. General Mills reported Q4 earnings higher than expected, maintaining a 126-year dividend streak. Despite recent difficulties, General Mills remains a cash-rich, dividend-providing stock and its shares reaffirmed FY 2025 guidance amid strategic shifts and investor activism. The company seems to be adding exposure to the pet food market while also dealing with volatile consumer trends, and cost woes. It has completed the acquisition of Whitebridge Pet Brands’ North American premium cat feeding and pet treating business, enhancing its product portfolio. However, its stock lowered after an earnings beat, and price reductions forced a guidance cut.
General Mills GIS News Analytics from Tue, 30 Apr 2024 07:00:00 GMT to Sat, 18 Jan 2025 23:14:38 GMT -
Rating -2
- Innovation 0
- Information 5
- Rumor -5
