General Mills

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An AI to read internet: The best strategy to evaluate General Mills Company Inc Stock.

Are looking for the most relevant information about General Mills? Investor spend a lot of time searching for information to make investment decisions in General Mills. This task is often burdensome and consumes huge amounts of free time. It also leads to mistakes due to fatigue and bounded rationality. As a solution, we programmed an artificial intelligence that reads the whole internet and the uses natural language processing and vectorizers to summarize the information. Usually, the AI reads several hundred pages and summarize it to a short document. This document presents our results. We found that the most common words in the internet about General Mills are: General, Mills, consumer, valueseeking, behavior, share, sale, and the most common words in the summary are: general, mill, stock, best, news, earnings, sale, . One of the sentences in the summary was: General Mills CEO Jeff Harmening blames the drop on “stronger-than-anticipated value-seeking …

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Stock Summary

General Mills, Inc. manufactures and markets branded consumer foods worldwide. It offers ready-to-eat cereals, refrigerated yogurt, soup, meal kits, and meal kits. The company also supplies branded and unbranded food products to.

Today's Summary

General Mills CEO Jeff Harmening blames the drop on “stronger-than-anticipated value-seeking behaviors” People are finding cheaper alternatives to high-priced cereals. Goldman Sachs keeps their Sell Rating on General Mills.

Today's News

General Mills CEO Jeff Harmening warned that consumers continue to display “stronger-than-anticipated value-seeking behaviors” in key markets. General Mills reported quarterly earnings of $1.25 per share, up 14% year-over-year in constant currency. The average General Mills stock price target is $68.90, implying 7% upside potential. General Mills CEO Jeff Harmening blames the drop on “stronger-than-anticipated value-seeking behaviors” People are finding cheaper alternatives to high-priced cereals. General Mills also raised its prices in order to offset pandemic-related supply chain issues. General Mills Inc ( NYSE:GIS) presents a strong market position with a resilient financial profile and opportunities for growth. Strengths include a diverse portfolio of brands that command significant shelf space and consumer loyalty. Weaknesses include ongoing cost pressures and supply chain disruptions. General Mills shares dropped over 2% in intraday trading Wednesday after the cereal giant missed sales estimates and cut its outlook. CEO Jeff Harmening explained that consumers “continue to display stronger-than-anticipated value-seeking behaviors across our key markets, and this dynamic is delaying volume recovery in our categories” Consumers punishing General Mills for high prices after pandemic-era boost in sales. Companys outlook indicates it may not grow sales at all. General Mills stock sinks after sales miss, amid strong ‘value-seeking behavior by consumers’ Goldman Sachs keeps their Sell Rating on General Mills (GIS) General Mills will issue pre-recorded management remarks today, December 20, 2023, at approximately 6:30 a.m. General Mills had revenue of $20.20B in the twelve months ending November 26, 20 23, with 4.30% growth year-over-year. General Mills repurchased approximately 18.8 million shares of common stock through six months of fiscal 2024. General Mills reported earnings per share of $1.25.1 billion in the second quarter of fiscal 2024. The ticker symbol for General Mills is GIS. General Mills operates in more than 100 countries. General Mills ( NYSE: GIS) tracked lower in early trading on Wednesday after a mixed FQ2 earnings report and cut in full-year guidance. Shares of General Mills fell 1.23% in premarket trading to $65.

Stock Profile

"General Mills, Inc. manufactures and markets branded consumer foods worldwide. The company operates in five segments: North America Retail; Convenience Stores & Foodservice; Europe & Australia; Asia & Latin America; and Pet. It offers ready-to-eat cereals, refrigerated yogurt, soup, meal kits, refrigerated and frozen dough products, dessert and baking mixes, bakery flour, frozen pizza and pizza snacks, snack bars, fruit and salty snacks, ice cream, nutrition bars, wellness beverages, and savory and grain snacks, as well as various organic products, including frozen and shelf-stable vegetables. It also supplies branded and unbranded food products to the North American foodservice and commercial baking industries; and manufactures and markets pet food products, including dog and cat food. The company markets its products under the 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 trademarks. It sells its products directly, as well as through broker and distribution arrangements to grocery stores, mass merchandisers, membership stores, natural food chains, e-commerce retailers, commercial and noncommercial foodservice distributors and operators, restaurants, convenience stores, and pet specialty stores, as well as drug, dollar, and discount chains. The company operates 466 leased and 392 franchise ice cream parlors. General Mills, Inc. was founded in 1866 and is headquartered in Minneapolis, Minnesota."

Keywords

How much time have you spent trying to decide whether investing in General Mills? Many investors start with the dream of being free. They expect to find on the stock market an option to have time to develop their own interests and hobbies. That is, a way to escape a 9 to 5 job. However, investment is complex and investors end up spending whole days (and nights) trying to figure out which the right stock to invest is. The dream of stock investing becomes the nightmare of facing infinity amounts of information. As a solution, we programmed an artificial intelligence that reads the whole internet and the uses natural language processing and vectorizers to summarize the information. Usually, the AI reads several hundred pages and summarize it to a short document. This document presents our results. We found that the most common words in the internet about General Mills are: General, Mills, consumer, valueseeking, behavior, share, sale, and the most common words in the summary are: general, mill, stock, best, news, earnings, sale, . One of the sentences in the summary was: General Mills CEO Jeff Harmening blames the drop on “stronger-than-anticipated value-seeking behaviors” People are finding cheaper alternatives to high-priced cereals. Other searches related to this term that the AI found were: stockmarketlive, livestock, stockmarketforbeginners, thestockmarket, stockmarkettoday, stockmarkettrading, stockmarketstocks, todaystockmarket, thestockmarket, marketnews, stockmarketnews, whatisstockmarket, usstockmarket, stockmarketopen. #general #mill #stock #best #news #earnings #sale.

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