Q3 Earnings Roundup: McCormick (NYSE:MKC) And The Rest Of The Shelf-Stable Food Segment [Yahoo! Finance]
General Mills, Inc. (GIS)
Last general mills, inc. earnings: 3/18 07:00 am
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Source: Yahoo! Finance
Wrapping up Q3 earnings, we look at the numbers and key takeaways for the shelf-stable food stocks, including McCormick (NYSE:MKC) and its peers. As America industrialized and moved away from an agricultural economy, people faced more demands on their time. Packaged foods emerged as a solution offering convenience to the evolving American family, whether it be canned goods or snacks. Today, Americans seek brands that are high in quality, reliable, and reasonably priced. Furthermore, there's a growing emphasis on health-conscious and sustainable food options. Packaged food stocks are considered resilient investments. People always need to eat, so these companies can enjoy consistent demand as long as they stay on top of changing consumer preferences. The industry spans from multinational corporations to smaller specialized firms and is subject to food safety and labeling regulations. The 20 shelf-stable food stocks we track reported a mixed Q3. As a group, revenues were in line wi
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News
- What to Expect From KMB in Q4? [Yahoo! Finance]Yahoo! Finance
- General Mills, Inc. (NYSE: GIS) had its price target lowered by analysts at Barclays PLC from $74.00 to $68.00. They now have an "equal weight" rating on the stock.MarketBeat
- General Mills, Inc. (NYSE: GIS) had its price target lowered by analysts at Citigroup Inc. from $71.00 to $67.00. They now have a "neutral" rating on the stock.MarketBeat
- General Mills, Inc. (NYSE: GIS) had its price target lowered by analysts at Stifel Nicolaus from $82.00 to $78.00. They now have a "buy" rating on the stock.MarketBeat
- General Mills, Inc. (NYSE: GIS) had its "sector perform" rating re-affirmed by analysts at Royal Bank of Canada. They now have a $70.00 price target on the stock.MarketBeat
GIS
Earnings
- 12/18/24 - Beat
GIS
Sec Filings
- 12/23/24 - Form 4
- 12/23/24 - Form 4
- 12/23/24 - Form 4
- GIS's page on the SEC website