Cheerios

General Mills Elects C. Kim Goodwin to Board of Directors

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星期一, 六月 27, 2022
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General Mills (NYSE: GIS) today announced the election of C. Kim Goodwin to its board of directors effective June 27, 2022.

Key Points: 
  • General Mills (NYSE: GIS) today announced the election of C. Kim Goodwin to its board of directors effective June 27, 2022.
  • In addition, Goodwins role as a board member for The TJX Companies, Inc. (NYSE: TJX) provides her with important perspectives on marketing and consumer insights that are highly relevant to General Mills.
  • The appointment of Goodwin reflects General Mills' thoughtful approach to board succession and refreshment.
  • With Goodwins election, the General Mills board is now comprised of 50% women and 33% ethnically diverse directors.

General Mills Completes Acquisition of TNT Crust

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星期三, 六月 22, 2022
Retail, Supermarket, Restaurant, Bar, General officer, Name, GIS, Growth, Wanchai Ferry, Acquisition, Food, NYSE, General Mills, TNT, Pillsbury, Baking, Yoplait, Cheerios

General Mills (NYSE: GIS) today announced it has completed the acquisition of TNT Crust.

Key Points: 
  • General Mills (NYSE: GIS) today announced it has completed the acquisition of TNT Crust.
  • TNT Crust is a manufacturer of high-quality frozen pizza crusts for regional and national pizza chains, foodservice distributors, and retail outlets.
  • The TNT Crust business has generated double-digit compound annual net sales growth over the past four years, with net sales totaling approximately $100 million in 2021.
  • As part of the acquisition, General Mills has also acquired two manufacturing facilities in Green Bay, Wisconsin, and one manufacturing facility in St. Charles, Missouri.

Wheaties Recognizes Simone Biles on Final 100th Anniversary Box in Wheaties Century Series

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星期三, 六月 15, 2022
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View the full release here: https://www.businesswire.com/news/home/20220615005287/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20220615005287/en/
    The limited-edition Simone Biles Wheaties box is now available at retailers nationwide.
  • The Wheaties year-long 100th anniversary celebration culminates with Biless historic first appearance on the iconic orange Wheaties box, now at retailers across the country.
  • Like previous Century Series box athletes Muhammad Ali and Michael Jordan before her, Biles will also appear on Gold Foil Box later this summer.
  • Im thrilled to appear on my first Wheaties box and so honored to be a part of the iconic brands 100th anniversary, said Biles.

General Mills Partners with Regrow Agriculture to Monitor Agriculture at Scale

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星期二, 六月 14, 2022
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Within the total acreage being monitored, General Mills sources its ingredients from roughly three million acres of farmland each year.

Key Points: 
  • Within the total acreage being monitored, General Mills sources its ingredients from roughly three million acres of farmland each year.
  • Regrow Agricultures dynamic monitoring and modeled outputs will integrate with General Mills existing regenerative agriculture and climate tracking systems.
  • General Mills and Regrow detailed this new approach to improving corporate climate inventories in a white paper with SustainCERT earlier this year.
  • In 2021, General Mills and Regrow Agriculture partnered to scale monitoring of agricultural practices and greenhouse gas emissions reductions for the entire state of Kansas.

NFWF Announces $6.9 Million in Grants to Support Conservation Practices on Agricultural Lands

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星期四, 六月 9, 2022
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Awarded under NFWFs Conservation Partners Program , the grants will leverage $8.1 million in matching contributions to generate a total conservation impact of $15 million.

Key Points: 
  • Awarded under NFWFs Conservation Partners Program , the grants will leverage $8.1 million in matching contributions to generate a total conservation impact of $15 million.
  • NFWF manages the Conservation Partners Program in partnership with the U.S. Department of Agricultures Natural Resources Conservation Service ( NRCS ), General Mills , and The J.M.
  • The program supports efforts to accelerate the adoption of conservation practices and regenerative agriculture principles on private working lands.
  • Since 2011, the Conservation Partners Program has awarded 251 grants worth more than $51 million and leveraged an additional $94 million in matching contributions, generating a total conservation investment of more than $145million.

General Mills Invests $3 Million to Scale Eco-Harvest by Ecosystem Services Market Consortium

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星期二, 六月 7, 2022
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Today, General Mills and Ecosystem Services Market Consortium (ESMC) announced a multi-year roadmap to scale Eco-Harvest, ESMCs market program that recognizes and rewards farmers for beneficial environmental outcomes from regenerative agriculture.

Key Points: 
  • Today, General Mills and Ecosystem Services Market Consortium (ESMC) announced a multi-year roadmap to scale Eco-Harvest, ESMCs market program that recognizes and rewards farmers for beneficial environmental outcomes from regenerative agriculture.
  • The initial $3 million investment from General Mills includes an ESMC grant to support the launch and development of Eco-Harvest and funds to scale regional programs.
  • With our Eco-Harvest market launched, we are excited to partner with General Mills on our joint vision to scale regenerative agriculture outcomes from U.S and Canadian producers using our science-based, standards-based approach, said Debbie Reed, executive director, Ecosystem Services Market Consortium.
  • Ecosystem Services Market Consortium (ESMC) is a non-profit collective action program dedicated to scaling quantified and verified sustainable ecosystem services from agriculture.

Totino’s™ and FaZe Clan Team Up for New Pizza Rolls in one of the most Fan-Requested Flavors—Buffalo Chicken

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星期四, 六月 2, 2022
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(FaZe Clan) and Totino's Pizza Rolls brand pizza snacks are teaming up to drop one of fans top requested Totinos Pizza Roll flavors: FaZe Clan Buffalo Chicken.

Key Points: 
  • (FaZe Clan) and Totino's Pizza Rolls brand pizza snacks are teaming up to drop one of fans top requested Totinos Pizza Roll flavors: FaZe Clan Buffalo Chicken.
  • View the full release here: https://www.businesswire.com/news/home/20220602005815/en/
    Totinos and FaZe Clan Team Up for New Pizza Rolls in one of the most Fan-Requested FlavorsBuffalo Chicken.
  • Last summer, FaZe Clan and Totinos Pizza Rolls launched Totino's Pizza Rolls Brand pizza snacks Minis with the help of Lil Yachty.
  • For more information on the partnership and the new Totinos FaZe Clan Buffalo Chicken Pizza Rolls, follow Totinos and FaZe Clan on social.

General Mills to Webcast Fourth Quarter and Full Year Fiscal 2022 Earnings Results on June 29, 2022

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星期三, 六月 1, 2022
Food, Beverage, Retail, Name, Pillsbury, Webcast, Interest, Wanchai Ferry, General officer, GIS, NYSE, Food, General Mills, Cheerios, Yoplait

General Mills, Inc. (NYSE: GIS) plans to report results for its fiscal 2022 fourth quarter and full year on June 29, 2022.

Key Points: 
  • General Mills, Inc. (NYSE: GIS) plans to report results for its fiscal 2022 fourth quarter and full year on June 29, 2022.
  • A press release, pre-recorded management remarks and supporting slides will be issued that morning followed by a webcasted question and answer session on the results at 8:00 a.m. CT.
  • Interested parties can access these materials and the webcast at www.generalmills.com/investors .
  • Headquartered in Minneapolis, Minnesota, USA, General Mills generated fiscal 2021 net sales of U.S. $18.1 billion.

General Mills Announces Agreement to Sell Helper and Suddenly Salad Businesses to Eagle Family Foods Group

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星期三, 五月 25, 2022
Restaurant, Bar, Food, Beverage, Other Retail, Retail, Supermarket, Accretion/dilution analysis, Company, GIS, Acceleration, Food, Kelso & Company, Helper, LLP, General officer, Wanchai Ferry, Goldman Sachs, Name, Sale, General Mills, Cleary Gottlieb Steen & Hamilton, NYSE, Pillsbury, Retail, Cheerios, Yoki, Yoplait

General Mills, Inc. (NYSE: GIS) today announced that it has entered into a definitive agreement to sell its Helper main meals and Suddenly Salad side dishes businesses to Eagle Family Foods Group, a portfolio company of Kelso & Company, in a cash transaction valued at approximately $610 million.

Key Points: 
  • General Mills, Inc. (NYSE: GIS) today announced that it has entered into a definitive agreement to sell its Helper main meals and Suddenly Salad side dishes businesses to Eagle Family Foods Group, a portfolio company of Kelso & Company, in a cash transaction valued at approximately $610 million.
  • With this divestiture, we are continuing to reshape our portfolio and advance our Accelerate strategy, said Jon Nudi, General Mills Group President, North America Retail.
  • Net sales for the Helper and Suddenly Salad businesses totaled approximately $235 million in fiscal 2021.
  • Goldman Sachs & Co. LLC served as financial adviser to General Mills for the transaction and Cleary Gottlieb Steen & Hamilton LLP served as legal adviser.

General Mills to Webcast Two Upcoming Investor Events

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星期二, 五月 24, 2022
Retail, Supermarket, Food, Beverage, GIS, Food, General officer, Wanchai Ferry, Conference, Name, General Mills, NYSE, Pillsbury, Cheerios, Yoki, Yoplait

General Mills, Inc. (NYSE: GIS) plans to webcast discussions at two upcoming investor conferences.

Key Points: 
  • General Mills, Inc. (NYSE: GIS) plans to webcast discussions at two upcoming investor conferences.
  • Jon Nudi, Group President, North America Retail, will be a featured speaker at the 2022 RBC Capital Markets Global Consumer & Retail Conference.
  • The webcasted fireside chat is scheduled for Wednesday, June 15, at 9 a.m. CT.
    General Mills makes food the world loves.
  • Headquartered in Minneapolis, Minnesota, USA, General Mills generated fiscal 2021 net sales of U.S. $18.1 billion.