General Mills News & Media

General Mills reports Q2 2024 sales, earnings declines

December 20, 2023

General Mills Inc. reported sales and earnings declines for Q2 2024 against the prior year period due to slower-than-expected growth, according to an earnings…

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General Mills boosts Q1 2024 sales on pricing, suffers earnings drop

September 20, 2023

General Mills Inc. lifted its Q1 2024 sales boosted by higher pricing but suffered an earnings decline, according to an earnings report. Highlights include:

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Major food companies explore buying Hostess Brands

August 30, 2023

Hostess Brands Inc., maker of Twinkies, CupCakes, Ding Dongs, Donettes, Voortman wafers and other treats, is considering a sale to several major food…

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General Mills boosts Q4, FY 2023 sales, earnings slide

June 28, 2023

General Mills Inc. lifted its sales for Q4 and full year 2023, boosted by pricing, while earnings took a hit, according to a press release. Highlights include:

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General Mills raises 2023 expectations on Q3 sales gain and earnings dip

March 23, 2023

General Mills Inc. upgraded its 2023 expectations after posting a 13% Q3 2023 sales boost despite a 16% earnings dip, according to an earnings report.

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General Mills boosts Q2, HY 2023 results, raises FY expectations

December 20, 2022

General Mills Inc. lifted its Q2 and HY 2023 sales and earnings over the prior year periods and raised its full year expectations, according to an earnings…

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General Mills lifts Q1 2023 results, buoyed by pricing

September 21, 2022

General Mills Inc. lifted its Q1 2023 sales and earnings, boosted by favorable pricing compared to the prior year period, according to an earnings report.

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General Mills breaks ground on $1.3 M Illinois facility

August 26, 2022

General Mills Inc. has begun construction of a $1.3 million warehouse and distribution center in Belvidere, Illinois, a project nearly two years in the making…

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General Mills completes sale of Helper and Suddenly Salad

July 5, 2022

General Mills Inc. has completed the sale of its Helper main meals and Suddenly Salad side dishes businesses to Eagle Family Foods Group in a cash transaction…

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General Mills boosts Q4 and FY results, surpassing expectations

June 29, 2022

General Mills Inc. surpassed analyst expectations for its Q4 and FY 2022 financial results, boosting sales and earnings, according to an earnings release.

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General Mills to build Illinois distribution center

June 10, 2022

General Mills Inc. will build a 1.3-million-square-foot warehouse and distribution center in Belvidere, Illinois that will bring 55 to 75 jobs, according to a…

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Eagle Foods to acquire Helper, Suddenly Salad from General Mills for $610M

May 25, 2022

Eagle Foods has agreed to acquire the Helper main meals and Suddenly Salad side businesses from General Mills Inc., according to a press release.

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General Mills to acquire pizza crust manufacturer

May 11, 2022

General Mills Inc. has agreed to acquire TNT Crust, a manufacturer of frozen pizza crusts for regional and national pizza chains, foodservice distributors and…

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General Mills names general counsel

May 10, 2022

Karen Wilson Thissen Karen Wilson Thissen will join General Mills Inc. as general counsel and corporate secretary, effective June 6, 2022.

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General Mills lifts Q3 2022 earnings, raises guidance

March 23, 2022

General Mills Inc. boosted its Q3 2022 earnings over the prior year period and raised its full year outlook for 2022, according to an earnings release.

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General Mills reports Q2 2022 sales gain, earnings decline

December 21, 2021

General Mills Inc. boosted sales by 6% for the second quarter of 2022 against the prior year's second quarter, while earnings declined by 13%, according to an…

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General Mills promotes Doug Martin to chief brand and disruptive growth officer

December 20, 2021

Doug Martin General Mills Inc. has promoted Doug Martin as chief brand and disruptive growth officer, effective Jan. 3, 2022, according to a press…

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General Mills to divest European dough business

November 29, 2021

General Mills Inc. has agreed to sell its European dough businesses to Cérélia, a provider of ready-to-bake dough solutions, according to a press release.

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General Mills considers selling Progresso, Helper

November 12, 2021

General Mills Inc. is exploring the sale of Progresso and Helper for $3 billion, according to a Bloomberg News report.

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General Mills reports earnings dip on improved Q1 2022 sales

September 22, 2021

General Mills Inc. reported an earnings decline on improved sales for the first quarter of 2022 compared to the previous year, according to an earnings report.

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