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General Mills champions its gluten-free Cheerios - but will the launch help its cereal business?
2015-09-25 18:05:31| Agriculture - Topix.net
It's been a rough couple of years for the cereal market, but General Mills said it is outpacing net sales expectations for Q1 2016 thanks in large part to products like gluten-free Cheerios. The company's net sales were down 1% to $4.21bn, which it blames on the foreign currency exchange rate declining 5 percentage points.
Tags: its
business
general
launch
General Mills Picks Mindshare for U.S. Media
2015-09-25 02:47:07| Agriculture - Topix.net
Another big media review has reached its conclusion, with packaged-goods giant General Mills selecting Mindshare as its new U.S. partner. Mindshare, a unit of WPP Group, replaces Publicis Groupe's Zenith Media, which has handled most of P&G's media chores since 2001.
Tags: general
media
picks
mills
General Mills Profit Tops Estimates, Helped by Cost Cuts
2015-09-23 02:06:21| Agriculture - Topix.net
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. General Mills Inc., the maker of Cheerios cereal, posted first-quarter profit that beat analysts' estimates, helped by cost cuts and a more effective promotional strategy.
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cost
profit
helped
General Mills' (GIS) CEO Kendall Powell on Q1 2016 Results - Earnings Call Transcript
2015-09-22 21:56:27| Agriculture - Topix.net
During the presentation all participants will be in a listen-only-mode. Afterwards we will conduct a question-and-answer session.
Tags: results
general
call
ceo
General Mills beats 1Q profit forecasts
2015-09-22 14:51:51| Food - Topix.net
On a per-share basis, the Minneapolis-based company said it had profit of 69 cents. Earnings, adjusted for restructuring costs and non-recurring costs, came to 79 cents per share.
Tags: general
profit
mills
beats
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