General Mills, Inc. (GIS) has experienced significant activity in the stock market, with significant purchases by institutions such as Unigestion Holding SA, GAMMA Investing LLC, Littlejohn Financial Services Inc, and Rhumbline Advisers to name a few. The company has initiated a $130M cost-reduction plan and adjusted its financial outlook for fiscal 2025. A new partnership with Marvel Studios resulted in a line of Fantastic Four Collectible Cereal Boxes. Regulatory clearance was granted for its Yogurt Deal with Lactalis in the U.S. The company's stock performance continues to stir analysts' perception with a mixture of conservative confidence and some predicting a potential for risk. Interestingly, the TV personality Jim Cramer expressed varying opinions about GIS, shifting from caution to bullish optimism. In another development, UBS Group lowered GIS's price target. GIS anticipates charges arising from a transformation initiative. Despite reporting better than expected Q3 earnings, GIS trimmed its fiscal 2025 guidance. Furthermore, it awaits its Q4 results, set to be released on June 25, 2025.
General Mills GIS News Analytics from Mon, 25 Nov 2024 08:00:00 GMT to Sat, 07 Jun 2025 16:59:59 GMT -
Rating 1
- Innovation 0
- Information 6
- Rumor -3
