General Mills

General Mills Says Lower-Tier Brands See Trade-Down While Leaders Hold Strong
General Mills Says Lower-Tier Brands See Trade-Down While Leaders Hold Strong
March 24, 2023  |  Earnings

Reflecting on the 2008 recession, General Mills is not worried about trade-down to private label. Executives of the food giant, parent company of a range...

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General Mills Sees Shift to Grocery Amid High Food Prices
General Mills Sees Shift to Grocery Amid High Food Prices
December 20, 2022  |  Economy

General Mills is noticing that, with high food prices, consumers are eating more at home. On a call with analysts Tuesday (Dec. 20) accompanying the...

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Elon Musk Reports ‘Massive Drop in Revenue’ as Companies Pause Twitter Ads
Elon Musk Reports ‘Massive Drop in Revenue’ as Companies Pause Twitter Ads
November 04, 2022  |  Acquisitions

With activist groups pressuring advertisers to leave Twitter after its acquisition by Elon Musk, the social media platform has seen “a massive drop in revenue,”...

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Darden, General Mills Experience Two Versions of Food Inflation
Darden, General Mills Experience Two Versions of Food Inflation
September 21, 2022  |  Earnings

Call it a tale of two business models — of ways of grappling with food inflation and grappling with the challenges of protecting margins. Call...

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Today in Food Commerce: Rewe Announces Autonomous Store; General Mills Notes Shift Away from Restaurants
Today in Food Commerce: Rewe Announces Autonomous Store; General Mills Notes Shift Away from Restaurants
June 29, 2022  |  Retail

Today in food commerce, Sharebite raises $39 million in its Series B funding round and Israel-based computer vision company Trigo announces an autonomous grocery store...

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Inflation Shifts Consumer Spending to Grocery, not Restaurants, Says General Mills
Inflation Shifts Consumer Spending to Grocery, not Restaurants, Says General Mills
June 29, 2022  |  Earnings

As consumers increasingly feel the impacts of rising food prices, many are beginning to make the shift from dining out to eating at home. On...

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General Mills Sales Dip As Consumers Shift Food Spending Back To Restaurants
General Mills Sales Dip As Consumers Shift Food Spending Back To Restaurants
June 30, 2021  |  Retail

The great post-pandemic food reversion is underway, where consumers are doing a lot more dining out and celebrating, and a lot less panic-eating Lucky Charms...

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General Mills To Buy Tyson Pet Treats Division For $1.2 Billion
General Mills To Buy Tyson Pet Treats Division For $1.2 Billion
May 14, 2021  |  Partnerships / Acquisitions

General Mills is purchasing Tyson Foods’ pet treats division for $1.2 billion as the food giant bulks up its pet-related offerings in an era of...

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Pet Food Sales Spike During Coronavirus Scare
Pet Food Sales Spike During Coronavirus Scare
March 27, 2020  |  Coronavirus

The coronavirus crisis has caused a spike in pet food sales as people are panic buying food for their pets, according to a report by...

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