General Mills Prices Have Gone Up—and So Too Have Its Profits
CEO Jeff Harmening said raising prices helped General Mill's profits rise 8% since 2018, leading the food company to recover from an earnings slump. Raising prices can be a tricky gamble, particularly when your consumer .....»»
The prices of corn, cotton, and wheat have surged more than 50% over the past year - and it"s driving up the cost of everything from Coca-Cola to diapers
Commodity prices are rising and consumer staples giants like Coca-Cola, Proctor & Gamble, and General Mills are raising prices in response. .....»»
Price hikes drive General Mills profit beat, forecast raise; shares jump
Cheerios cereal maker General Mills racked up higher-than-expected profit in the third quarter after it lifted prices to combat higher costs, spurring a rise in its full-year forecast and driving shares up 6 percent......»»
General Mills lifts profit view on cost cuts, price hikes
Consumer goods companies like General Mills have been raising product prices to make up for rising commodities and transportation costs......»»
Earnings Outlook: GM earnings are likely to show a profit decline amid flagging sales and higher costs
General Motors Co. is likely to report dwindling first-quarter profits when it reports Thursday amid falling U.S. car sales and rising raw-materials prices......»»
Why GM Earnings Put Investors in a Buying Frame of Mind
General Motors reported better-than-expected revenue and profits Wednesday morning. Sales fell, but higher prices made the difference......»»
General Mills posts quarterly profit above estimates, shares rise
General Mills Inc reported quarterly profit above Wall Street estimates on Wednesday, as the Cheerios cereal maker raised prices and eked out higher margins from cost savings......»»
General Mills second-quarter profit jumps on tighter costs, price hikes
General Mills Inc reported a quarterly profit above Wall Street estimates on Wednesday as the maker of Cheerios cereal raised prices and eked out higher margins from cost savings......»»
Home Sale Profits Decline as Home Prices Fall
Home selling profits continued to decline due to a decrease in the median nationwide home price, according to the latest data from ATTOM. ATTOM’s Home Sales Report for .....»»
Local chef"s Korean biscuit dogs vie for $20,000 General Mills prize
These Korean biscuit dogs, vying for a $20,000 prize, will be available through April 30......»»
D.C. attorney general brings antitrust lawsuit against Amazon
The lawsuit says Amazon policy preventing sellers from offering their products at lower prices on other online platforms results in “artificially high” prices across e-commerce sales......»»
D.C. Attorney General brings antitrust lawsuit against Amazon
The lawsuit says Amazon policy preventing sellers from offering their products at lower prices on other online platforms results in “artificially high” prices across e-commerce sales......»»
Companies like Clorox, General Mills, and Whirlpool are sounding the alarm on price hikes for products like trash bags, breakfast cereal, and household appliances as production costs increase
Certain food items, household products, and also major purchase like appliances, cars, and .....»»
General Mills beefs up pet foods division with $1.2B Tyson unit purchase
General Mills Inc said on Friday it would buy Tyson Foods Inc's pet treats business for $1.2 billion in cash, as the cereal maker builds its pet food portfolio at a time people are increasingly adopting cats and dogs......»»
General Mills buying Tyson Foods pet treats business for $1.2 billion
Pet foods, already a big seller for General Mills Inc., is about to get bigger: The company plans to buy the pet-treats business of Tyson Foods Inc. for $1.2 billion. The Golden Valley-based company said in a statement that the purchase includes a.....»»
General Mills acquisition of Tyson Foods" pet treats seen "modestly accretive"
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Tyson Foods to sell pet treats business to General Mills for $1.2B
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
ESMT enjoys handsome profit
Memory IC design house Elite Semiconductor Memory Technology (ESMT) saw its unaudited profits for the first four months of this year outpace the total for the first three quarters of 2020, buoyed by rising specialty DRAM prices......»»
Tyson Foods to sell pet treats business for $1.2 bln to General Mills
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»
Copper price hikes to drive up short-term profits at copper foil vendors
Rising international copper prices may drive up profits for copper foil vendors in the short term, but they face new challenges to their long-term business operations, according to PCB supply chain sources......»»
General Mills VC chief John Haugen on investment strategy, Covid-19"s impact on food
The packaged food industry has seen "five years of change" in the year since the Covid-19 pandemic struck, says the head of the venture capital arm of General Mills. Here's how his company is planning for the post-Covid marketplace......»»