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In the latest market close, General Mills (GIS) reached $62.37, with a -0.89% movement compared to the previous day. The stock's performance was behind the S&P 500's daily gain of 0.96%. At the same time, the Dow added 0.4%, and the tech-heavy Nasdaq gained 1.3%.Prior to today's trading, shares of the maker of Cheerios cereal, Yoplait yogurt and other packaged foods had gained 0.16% over the past month. This has lagged the Consumer Staples sector's gain of 0.45% and the S&P 500's gain of 3.69% in that time. ...

Core Insights - General Mills Inc. (GIS) is enhancing operational efficiency through its Holistic Margin Management (HMM) strategy, expecting to achieve cost savings of 5% of the cost of goods sold in fiscal 2024, up from the previous guidance of 4% [1] - The company is focusing on product innovation and brand marketing to strengthen its portfolio, introducing new flavors and expanding into the pet care market [3] - Despite overall growth strategies, the pet segment has faced challenges, with a 4% year-over-year revenue decline in Q2 fiscal 2024, primarily due to decreased pound volume and a shift towards more economical pet food options [5] Operational Efficiency - GIS has successfully implemented its HMM strategy to reduce costs and improve operational efficiency, focusing on waste elimination and supply chain optimization [1] - The company has made significant improvements in supply-chain efficiency, which is essential for product availability and cost reduction [2] Product Innovation & Brand Expansion - GIS is refreshing its product portfolio with new flavors and engaging consumers through brand marketing, which supports premium pricing strategies [3] - The company is capitalizing on the growing pet care market with new product launches and acquisitions, such as Tastefuls Purees and Fera Pet Organics [3] Challenges in the Pet Segment - The pet segment's revenues fell to $569.3 million in Q2 fiscal 2024, a 4% decline year-over-year, attributed to unfavorable economic conditions and a shift in consumer preferences [5] - Sales through Pet Retail channels experienced a notable double-digit decline, indicating the need for strategic adjustments to restore growth in this category [5] Financial Outlook - The Zacks Consensus Estimate suggests a 0.6% decline in current-year sales compared to the previous year, while earnings are expected to grow by 4.4% [6]

Dragon Claws The past 12 months have been great for the 'Magnificent 7' tech stocks and Al-related stocks as the market appears willing to continually chase these names to higher highs. For how much longer this rally may last, especially with Al names like Nvidia (NVDA), is anyone's guess, and it wouldn't be fun if and when the music stops. That's why a better idea for new capital deployment in this frothy market may be to allocate towards beaten down sectors that used to be market favorites, such as Consum ...

In the latest market close, General Mills (GIS) reached $64.06, with a +0.55% movement compared to the previous day. The stock exceeded the S&P 500, which registered a gain of 0.06% for the day. At the same time, the Dow added 0.13%, and the tech-heavy Nasdaq gained 0.24%.The maker of Cheerios cereal, Yoplait yogurt and other packaged foods's shares have seen an increase of 0.89% over the last month, not keeping up with the Consumer Staples sector's gain of 1.53% and the S&P 500's gain of 6.45%.The upcoming ...

Zacks Premium and Style Scores - Zacks Premium offers tools like daily updates of Zacks Rank and Zacks Industry Rank, full access to the Zacks 1 Rank List, Equity Research reports, and Premium stock screens to help investors make informed decisions [1] - Zacks Style Scores rate stocks based on value, growth, and momentum characteristics, with ratings from A to F, where A indicates the highest potential for outperformance [2] - The Style Scores are divided into four categories: Value Score, Growth Score, Momentum Score, and VGM Score, which combines all three styles [2][3][4] - The Zacks Rank, a proprietary stock-rating model, uses earnings estimate revisions to identify stocks with high potential, with 1 (Strong Buy) stocks delivering an average annual return of +25.41% since 1988 [5] - Combining Zacks Rank 1 or 2 with Style Scores of A or B maximizes the probability of success in stock selection [6] General Mills (GIS) Analysis - General Mills Inc is a global manufacturer and marketer of branded consumer foods, including ready-to-eat cereals, snacks, and baking products, serving retail, foodservice, and commercial baking industries [7] - GIS holds a Zacks Rank of 3 (Hold) with a VGM Score of B, indicating a balanced combination of value, growth, and momentum [7] - The company has a Growth Style Score of B, with a projected year-over-year earnings growth of 4.4% for the current fiscal year [7] - Six analysts revised their earnings estimates higher for fiscal 2024, and the Zacks Consensus Estimate increased by $0.02 to $4.49 per share, with an average earnings surprise of 5.7% [7] - GIS is recommended for investors seeking growth opportunities, given its strong Zacks Rank and top-tier Growth and VGM Style Scores [8]

In the latest market close, General Mills (GIS) reached $64.80, with a -0.05% movement compared to the previous day. This change lagged the S&P 500's 1.07% gain on the day. On the other hand, the Dow registered a gain of 0.35%, and the technology-centric Nasdaq increased by 1.74%.Heading into today, shares of the maker of Cheerios cereal, Yoplait yogurt and other packaged foods had lost 1.38% over the past month, lagging the Consumer Staples sector's gain of 2.2% and the S&P 500's gain of 2.93% in that time ...

MINNEAPOLIS--(BUSINESS WIRE)--New LOADED cereal delivers more of favorite brands like Cinnamon Toast Crunch, Cocoa Puffs and Trix, but now loaded with delicious vanilla crème. To celebrate, General Mills is dropping a limited-edition collection of swag because LOADED is not just rich in flavor, but offers fans a chance to live the *Cereal* Rich lifestyle. Living Cereal Rich is about living life to the filled-est and bringing maximalism to the breakfast table. Now is the time for maxing out and keeping li ...

In honor of American Heart Month, Cheerios is offering the chance to purchase special-edition boxes or personalize your own for the ones you love. (Photo: Business Wire)In honor of American Heart Month, Cheerios is offering the chance to purchase special-edition boxes or personalize your own for the ones you love. (Photo: Business Wire)MINNEAPOLIS--(BUSINESS WIRE)--Cheerios is bringing back its beloved Happy Heart Shapes in honor of American Heart Month with a fun new twist. To celebrate five years of Happy ...

General Mills, Inc. (GIS) , based in Minneapolis, MN, is gearing up to introduce a series of products across various segments, including cereals, yogurt, soup and snack categories. These innovations, coupled with strong brand-building efforts, are expected to drive market share growth and cater to evolving consumer preferences.The company is maneuvering through a challenging market environment, with its prospects being a key interest for investors and stakeholders. Management is focused on maintaining consi ...