The Pillsbury cookies maker suggested the initiative may be accompanied by job cuts as it flagged total related charges of around $130m.

The Cheerios maker’s transformation initiative is expected to cost the cereal giant $130 million, with more than half of the ...

General Mills (NYSE:GIS) announces a multi-year transformation to boost productivity amid regulatory pressures and market challenges.

General Mills anticipates that these actions will result in significant cost savings over the long term, although the specifics of the savings were not disclosed in the filing. In the short term, the ...

General Mills GIS0.33%increase; green up pointing triangle approved what it called a multi-year global transformation initiative that will aim to increase productivity by enhancing end-to-end ...

GENERAL Mills said on Tuesday it would record a charge of about $70 million in its current quarter, mainly reflecting severance expenses, as part of the Cheerios cereal maker's restructuring efforts.

MINNEAPOLIS, March 20, 2024--(BUSINESS WIRE)--General Mills, Inc. (NYSE ... divestitures in the prior year and a goodwill impairment charge. Operating profit margin of 17.5 percent was up 10 ...

which we expect to result in financial performance that meets or exceeds each of our key long-term goals. To underscore our commitment to driving strong returns to General Mills shareholders ...

General Mills Inc. (NYSE: GIS), a leading global food company currently trading near its 52-week low at $54.13, announced a comprehensive multi-year transformation initiative aimed at driving ...