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March 14, 2014
06:59 EDTGISGeneral Mills sees Q3 adjusted EPS 61c-62c, consensus 68c
General Mills said its sales and operating profit for Q3 ended February 23, will reflect approximately 1% lower volume, consistent with recent food industry trends in developed markets, as well as negative foreign currency translation effects. In addition, results for the quarter include incremental consumer marketing and merchandising investment in the company's U.S. yogurt business, where response to-date has been encouraging. Third-quarter operating profit for the company's U.S. Retail segment is expected to be 10%-11% below strong year-ago results that grew 13%. Total segment operating profit is also expected to be below last year's strong third-quarter level.
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October 5, 2015
15:32 EDTGISGeneral Mills issues voluntary recall of Cheerios, Honey Nut Cheerios
General Mills is voluntarily recalling several days of production of Cheerios and Honey Nut Cheerios cereal produced at its Lodi, California facility on certain dates in July of this year because of an undeclared allergen - wheat - with potential adverse health effects. Because this recall relates to an undeclared allergen, this is a Class I product recall. Cheerios and Honey Nut Cheerios produced on these dates at the company's Lodi, California facility are being recalled because an isolated incident resulted in wheat flour being inadvertently introduced into the gluten free oat flour system at its Lodi facility. As a result, the products may contain an undeclared allergen - wheat - in products labeled as gluten-free. General Mills will recall and retrieve affected cereals produced on those dates from customer warehouses and store shelves. Consumers with wheat allergies, celiac disease or gluten intolerance should not consume products bearing the affected code dates and should contact General Mills for a replacement or full refund. This voluntary recall includes four days production of original (yellow box) Cheerios, and thirteen days of production of Honey Nut Cheerios at its Lodi, California facility with the following "BETTER IF USED BY" code dates and the plant code LD which indicates the product was produced at Lodi, California.
October 2, 2015
15:17 EDTGISGeneral Mills voluntarily recalls Cascadian Farm Cut Green Beans
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September 28, 2015
09:22 EDTGISGeneral Mills management to meet with JPMorgan
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September 25, 2015
06:48 EDTGISCereal makers tweak recipes in emerging markets, WSJ says
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