General Mills, Inc. (GIS) Stock

About General Mills, Inc.

General Mills, Inc. functions as a prominent global producer and vendor of well-known consumer food brands. The company structures its widespread operations into five main divisions: North American retail, convenience stores and foodservice providers, Europe and Australia, Asia and Latin America, and a dedicated pet segment. Their broad catalog of products features a diverse range of items for consumers. This includes breakfast cereals, chilled yogurts, various soups, and ready-to-prepare meal kits. The offering also extends to refrigerated and frozen dough items, baking and dessert mixes, flours for culinary use, frozen pizzas and pizza snacks, along with an assortment of snack bars, fruit snacks, savory and grain snacks, and ice cream. For health-conscious consumers, they provide nutrition bars and wellness beverages, in addition to organic frozen and shelf-stable vegetables. Beyond direct consumer sales, General Mills supplies both branded and unbranded food goods to the North American foodservice sector and commercial bakeries. Furthermore, they are a significant participant in the pet food industry, manufacturing a variety of dog and cat food products. The company markets its merchandise under an extensive collection of trademarks, such as: Annie's, Betty Crocker, Bisquick, Blue Buffalo, Blue Basics, Blue Freedom, Bugles, Cascadian Farm, Cheerios, Chex, Cinnamon Toast Crunch, Cocoa Puffs, Cookie Crisp, EPIC, Fiber One, Food Should Taste Good, Fruit by the Foot, Fruit Gushers, Fruit Roll-Ups, Gardetto's, Go-Gurt, Gold Medal, Golden Grahams, Häagen-Dazs, Helpers, Jus-Rol, Kitano, Kix, Lärabar, Latina, Liberté, Lucky Charms, Muir Glen, Nature Valley, Oatmeal Crisp, Old El Paso, Oui, Pillsbury, Progresso, Raisin Nut Bran, Total, Totino's, Trix, Wanchai Ferry, Wheaties, Wilderness, Yoki, and Yoplait. General Mills distributes its products through a vast network, utilizing both direct sales and arrangements with brokers and distributors. Their reach encompasses a wide array of sales points, including traditional grocery stores, large-scale mass merchandisers, membership clubs, natural food retailers, online marketplaces, various commercial and non-commercial foodservice distributors and operators, restaurants, convenience stores, specialized pet stores, as well as drug, dollar, and discount retail chains. Complementing its extensive business, the corporation also oversees 466 leased and 392 franchised ice cream parlors. General Mills, Inc., established in 1866, maintains its corporate headquarters in Minneapolis, Minnesota.

General Mills, Inc. is led by CEO Jeffrey L. Harmening, employs 30,000 people, headquartered in Minneapolis, US, publicly traded since 1980.

General Mills, Inc. (GIS) stock trades at $36.64 with a market capitalization of $19.55B. The stock is valued at a price-to-earnings (P/E) ratio of 8.17, price-to-book of 3.23, price-to-sales of 0.97. Over the past 52 weeks the stock has ranged between $31.75 and $54.18, and currently trades 32.4% below its 52-week high. It pays a dividend yielding 7.30%.

On profitability, General Mills, Inc. generates a return on equity (ROE) of 23.59% — well above the market average, a sign of a high-quality business, return on capital employed of 35.88%, an operating margin of 19.07%, a net profit margin of 12.05%.

In its most recent fiscal year, General Mills, Inc. reported annual revenue of $19.5B, net profit of $2.3B, revenue has compounded at 2.0% a year over the last five years, profit at 1.0% a year.

The balance sheet shows a debt-to-equity ratio of 1.49, a current ratio of 0.67, total assets of $33.1B, $364.0M in cash and equivalents.

GIS has an average daily trading volume of 10,475,532 shares, a beta of -0.04 (less volatile than the overall market).

Official website: www.generalmills.com