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

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 GIS0.09%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 ...

As a result, General Mills was able to raise prices and charge a premium for its products. “… What we’re doing right now, when we talk about adding value and making investments back in value ...

May 27 (Reuters) - General Mills (GIS.N), opens new tab said on Tuesday it would record a charge of about $70 million in its current quarter, mainly reflecting severance expenses, as part of the ...

MINNEAPOLIS, June 26, 2024--(BUSINESS WIRE)--General Mills, Inc. (NYSE ... expenses and lower restructuring charges. Operating profit margin of 16.5 percent was up 20 basis points.

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 ...

General Mills declined to comment on the report. The Cheerios maker, which has been restructuring its operations, said last month that it would record a charge of about $70 million in its current ...

Kenneth Goldman has given his Hold rating due to a combination of factors influencing General Mills’s financial outlook. The company’s fourth-quarter organic sales growth and the full-year ...

With these assumptions in mind, General Mills outlined its full-year financial targets for fiscal 2025²: Organic net sales are expected to range between flat and up 1 percent.