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GIS

General Mills, Inc (NYSE: $GIS) Set to Report Q3 Earnings TodayGeneral Mills, Inc. (NYSE: NYSE:GIS ) manufactures and markets branded consumer foods worldwide is set to report Third Quarter Earnings results today before market opens. With shares moderately up 0.85% in Wednesday's premarket trading. Founded in 1866 and headquartered in Minneapolis, Minnesota. The company operates through four segments: North America Retail; International; Pet; and North America Foodservice. Financial Performance In 2024, General Mills's revenue was $19.86 billion, a decrease of -1.18% compared to the previous year's $20.09 billion. Earnings were $2.50 billion, a decrease of -3.75%. As investors awaits for the earnings reports NYSE:GIS shares are also waiting for build up momentum to surge breaking above the 1-month high acting as resistant point. Similarly, should NYSE:GIS faced selling pressure, the 65% Fibonacci retracement level acting as support point would broken leading to consolidatory move to the 1-month low albeit the stock is still bearish at the moment with only Gold surging to new All time high yesterday. Analyst Forecast According to 17 analysts, the average rating for GIS stock is "Hold." The 12-month stock price forecast is $66.13, which is an increase of 9.41% from the latest price.
NYSE:GIS
by DEXWireNews
KHC approaching VWAP and looking to rise higher LONGKHC is a consumer staples, not a high flyng tech stock. Content to grind out a trend and take its time, it now looks to rise from sideways action since the last earnings. It is approaching the anchored VWAP where the big players sit waiting to pick up shares in the high volatility and volume zone and so earn a living from other traders who are not as savvy. Rising relative strengh supports a long trade here as does the Price Volume Trend. I find some balance with slow and easy swing trades to offset the chaos and volatility of the IT/ AI /Technology sectors.
NASDAQ:KHCLong
by AwesomeAvani
1
General Mills Rides Price Hikes to Beat Quarterly EstimatesGeneral Mills ( NYSE:GIS ), the iconic maker of Cheerios and a wide array of pantry staples, has once again exceeded market expectations in its third-quarter earnings report, buoyed by strategic price adjustments across its product portfolio. Despite challenges stemming from inflation and shifting consumer preferences, the Minnesota-based company's proactive approach to pricing has proven effective in maintaining profitability. The company's decision to raise prices on breakfast cereals, snack bars, and pet food products has not only cushioned the impact of escalating labor and input costs but also contributed to a notable increase in gross margin. With a 7% surge in early trading following the earnings release, investors have expressed confidence in General Mills' ability to navigate the current economic landscape. CEO Jeff Harmening acknowledges the evolving consumer behavior characterized by a preference for value-oriented purchases. However, Harmening remains optimistic, noting signs of inflation moderation and a reduction in supply chain disruptions, providing a glimmer of hope for sustained growth. While General Mills' ( NYSE:GIS ) gross margin saw a significant boost to 33.5% year-on-year, quarterly volumes experienced a decline similar to industry peers like Kraft Heinz. Despite challenges in the pet food segment, attributed to shifting consumer preferences and retailer inventory adjustments, the company reported a modest improvement in retail sales for its Blue Buffalo brand. Analysts, including Barclays' Andrew Lazar, note the positive trajectory in General Mills' pet business, signaling investor confidence in its long-term prospects. The company's quarterly net sales, while experiencing a slight dip of about 1% to $5.1 billion, outpaced analysts' expectations, showcasing the resilience of its pricing strategy. With adjusted profits surpassing estimates at $1.17 per share, General Mills' performance underscores its ability to adapt to dynamic market conditions and deliver shareholder value. As consumers continue to navigate economic uncertainties, General Mills remains steadfast in its commitment to providing quality products while effectively managing costs.
NYSE:GISLong
by DEXWireNews
GIS General Mills Options Ahead of EarningsIf you haven`t bought GIS here: or ahead of earnings here: Nor sold it here: Then analyzing the options chain and the chart patterns of GIS General Mills prior to the earnings report this week, I would consider purchasing the 65usd strike price Puts with an expiration date of 2023-10-20, for a premium of approximately $1.52. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to read your opinion about it.
NYSE:GISShort
by TopgOptions
3
TSN recovering from drop and pullback after Earning Miss LONGTSN is shown here on a 4H Chart. It upended for a month into earnings and then disappointed with a miss. Following a drop from the miss, it has struggled to regain its price level. At this point, price has crossed over the POC line on the volume profile suggesting a preponderance of selling pressure Likewise in confluence price has crossed over the mean basis line of the Bollinger bands while the RS indicator shows lines at above the 50 level. I see this as suitable for a long entry while expecting the price to gradually more up as traders consider whether to take a position after the retrace from the earnings miss. While this is not in a glamorous or hot sector, the food industry seems well suited to grind out some profits while the general market recalibrates and corrects.
NYSE:TSN
by AwesomeAvani
Analyst Report: General MillsGeneral Mills is a multinational food company headquartered in Minneapolis, Minnesota. It is a leading player in the global consumer packaged goods industry, primarily focused on the production and marketing of branded food products. The company operates through various segments, including North America Retail, Convenience Stores & Foodservice, Europe & Australia, Asia & Latin America, and Pet. General Mills is known for its diverse portfolio of well-established and popular consumer brands. Some of its prominent brands include Cheerios, Wheaties, Nature Valley, Pillsbury, Betty Crocker, Yoplait, Häagen-Dazs, Old El Paso, and Progresso. These brands span multiple food categories, including ready-to-eat cereals, snacks, baking products, refrigerated dough, yogurt, frozen meals, and more. In their most recent earnings report, General Mills demonstrated strong performance despite ongoing supply chain disruptions and market volatility. The company reported a 13% increase in net sales to $5.1 billion, driven by a 16% increase in organic net sales. However, operating profit declined by 10% to $730 million, primarily due to higher selling, general, and administrative expenses. Adjusted operating profit, on the other hand, increased by 20% in constant currency terms. Key Highlights Net Sales: General Mills achieved a 13% increase in net sales to $5.1 billion, including a 16% increase in organic net sales. This growth was driven by positive organic net price realization and mix. Operating Profit: Operating profit declined by 10% to $730 million, reflecting higher selling, general, and administrative expenses, as well as a lower net gain on divestitures. However, constant-currency adjusted operating profit increased by 20% due to higher adjusted gross profit dollars. Diluted Earnings per Share (EPS): Diluted EPS for the quarter stood at $0.92, down 15% from the prior year. However, adjusted diluted EPS increased by 17% in constant currency terms to $0.97, driven by higher adjusted operating profit and lower net shares outstanding. Full-Year Outlook: General Mills has raised its full-year fiscal 2023 outlook for key financial measures, indicating confidence in its future performance. General Mills' Accelerate strategy, aimed at driving sustainable and profitable growth, continues to be executed. The strategy focuses on four pillars: building brands, innovation, leveraging scale, and social responsibility. The company plans to prioritize core markets, global platforms, and local gem brands that have strong potential for profitable growth. Strategic acquisitions and divestitures will be utilized to reshape the portfolio and enhance the company's growth profile. In summary, General Mills delivered strong results in the third quarter, with significant growth in net sales. Although operating profit declined, adjusted operating profit increased notably. The company's positive performance and visibility for the fourth quarter have led to an upward revision of its full-year fiscal 2023 outlook. General Mills' focus on brand building, innovation, and growth-enhancing capabilities positions it well for future success.
NYSE:GISLong
by BenSparham
GIS - (General Mills) Short OpportunityBased on my strategy, there seems to be a Bearish Divergence on GIS. Meaning that the price action is making higher highs, but the RSI is making lower highs. This could be a good time to buy PUTS on GIS with a very tight stop loss. The idea will be invalidated if the RSI creeps about the dotted line on the chart. I have marked the support levels on the chart based on which you can plan your trades and exits. Please do your own research. I'm not a financial advisor. Trade safely!
NYSE:GISShort
by MoneyChartz