General Mills Inc (NYSE:GIS)

49.81
Real-Time Quote
 -0.10 / -0.20%
Today’s Change
36.75
Today|||52-Week Range
50.97
+23.23%
Year-to-Date
SECTOR
Consumer Non-Durables
INDUSTRY
Food: Major Diversified
MARKET CAP
$32.2B

Company Description

General Mills, Inc. is a manufacturer and marketer of branded consumer foods sold through retail stores. It also supplies branded and unbranded food products to the foodservice and commercial baking industries. General Mills operates through three reportable business segments: U.S. Retail, International and Bakeries & Foodservice. The U.S. Retail segment reflects business with a wide variety of grocery stores, mass merchandisers, membership stores, natural food chains, and drug, dollar and discount chains operating throughout the United States. This segment products include ready-to-eat cereals, refrigerated yogurt, ready-to-serve soup, dry dinners, shelf stable and frozen vegetables, refrigerated and frozen dough products, dessert and baking mixes, frozen pizza and pizza snacks, grain, fruit and savory snacks, and a wide variety of organic products, including soup, granola bars, and cereal. The International segment consists of retail and foodservice businesses outside of the United States. This segment products include ready-to-eat cereals, shelf stable and frozen vegetables, dry dinners, refrigerated and frozen dough products, dessert and baking mixes, frozen pizza snacks, grain and fruit snacks, super-premium ice cream and frozen desserts, refrigerated yogurt, grain snacks, shelf stable and frozen vegetables, refrigerated and frozen dough products, and dry dinners. This segment also exports manufactured products mainly to Caribbean and Latin American markets, as well as to its international joint ventures. The Bakeries & Foodservice segment products include cereals, snacks, yogurt, unbaked and fully baked frozen dough products, baking mixes, and flour. This segment sells and markets its products to distributors and operators, including foodservice, convenience stores, vending, and supermarket bakeries. The firm's trademarks and patents include Ready-to-eat cereals; Refrigerated yogurt; Refrigerated and frozen; Dry dinners and shelf stable and frozen vegetable; Grain, fruit, and savory snacks; Dessert and baking mixes; Ready-to-serve soup; Ice cream and frozen desserts; Frozen pizza and pizza snacks and Organic products. The Ready-to-eat cereals brands include Cheerios, Wheaties, Lucky Charms, Total, Trix, Golden Grahams, Chex, Kix, Fiber One, Reese's Puffs, Cocoa Puffs, Cookie Crisp, Cinnamon Toast Crunch, Clusters, Oatmeal Crisp and Basic 4. The Refrigerated yogurt products include Yoplait, Trix, Delights, Go-GURT, Fiber One, YoPlus, Whips!, and Mountain High. The Refrigerated and frozen products include Pillsbury, the Pillsbury Doughboy character, Grands!, Golden Layers, Big Deluxe, Toaster Strudel, Toaster Scrambles, Simply, Savorings, Jus-Rol, Latina, Pasta Master, Wanchai Ferry, V.Pearl, and La Salteña. The Dry dinners and shelf stable and frozen vegetable products include Betty Crocker, Hamburger Helper, Tuna Helper, Chicken Helper, Old El Paso, Green Giant, Potato Buds, Suddenly Salad, BacO's, Betty Crocker Complete Meals, Valley Selections, Simply Steam, Valley Fresh Steamers, Wanchai Ferry, and Diablitos. The Grain, fruit, and savory snacks include Nature Valley, Fiber One, Betty Crocker, Fruit Roll-Ups, Fruit By The Foot, Gushers, Stickerz, Chex Mix, Gardetto's, Bugles, and Lärabar. The Dessert and baking mixes products include Betty Crocker, SuperMoist, Warm Delights, Bisquick, and Gold Medal. The Ready-to-serve soup includes Progresso. The Ice cream and frozen desserts brand includes Häagen-Dazs. The Frozen pizza and pizza snacks include Totino's, Jeno's, Pizza Rolls, Party Pizza, Pillsbury Pizza Pops, and Pillsbury Pizza Minis. The Organic products include Cascadian Farm and Muir Glen. The company was founded by Cadwallader C. Washburn in 1866 and is headquartered in Minneapolis, MN.

Contact Information

General Mills, Inc.
1 General Mills Boulevard
Minneapolis Minnesota 55426-1347
P:(763) 764-7600
Investor Relations:
(763) 764-7600

Employees

Shareholders

Individual stakeholders4.69%
Other institutional39.58%
Mutual fund holders31.92%

Top Executives

Kendall J. Powell, MBAChairman & Chief Executive Officer
Ian R. FriendlyExecutive VP & Chief Operating Officer-US Retail
Donal Leo Mulligan, MBAChief Financial Officer & Executive Vice President
Peter C. EricksonSenior VP-Innovation, Technology & Quality
Christopher D. O'Leary, MBAEVP & Chief Operating Officer-International

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