General Mills Inc - Company Profile
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General Mills Inc (General Mills) is a manufacturer and marketer of branded consumer foods. The company’s product portfolio comprises grains, fruits, savories, nutrition bars, frozen hot snacks, and ready-to-eat cereals, natural pet food, refrigerated and frozen dough, baking mixes and ingredients, yogurt, and super-premium ice cream. It also offers convenient meal options like meal kits, ethnic meals, pizza, soup, side dish mixes, frozen breakfast items, and frozen entrees. The company markets its products under Blue Buffalo, Food Should Taste Good, Fruit Roll-Ups, Blue Basics, Cheerios, Chex, Cocoa Puffs, Cookie Crisp, EPIC, Fiber One, Fruit Gushers, Gardetto's, Go-Gurt, Gold Medal, and Golden Grahams brand names. It operates in Asia, the Middle East, Africa, Europe, North America, and Latin America. General Mills is headquartered in Minneapolis, Minnesota, the US.
Headquarters
United States of America
Address
Number One General Mills Blvd, Minneapolis, Minnesota, 55426
Website
www.generalmills.com
Telephone
1 763 7647600
No of Employees
34,000
Industry
Consumer Packaged Goods
Ticker Symbol & Exchange
GIS (NYSE)
Revenue (2023)
$20.1B
5.8%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
-4.2%
(2023 vs 2022)
Market Cap*
$36.4B
Net Profit Margin (2023)
XYZ
-9.4%
(2023 vs 2022)
* As of and is in US$
General Mills Inc premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Baking Products | Annie’s |
| Cereals | Autumn’s Gold |
| Dough and Pastries | Betty Crocker |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Acquisitions/Mergers/Takeovers | In November, the company acquired a pet-supplements business through its new “growth equity fund”. |
| 2023 | Acquisitions/Mergers/Takeovers | In November, the company announced the acquisition of Fera Pets, Inc. |
| 2023 | Contracts/Agreements | In October, the company along with Walmart and Sam’s Club announced a collaboration to help accelerate the adoption of regenerative agriculture on 600,000 acres in the US. |
Competitor Comparison
| Key Parameters | General Mills Inc | Unilever Plc | Danone SA | The Kraft Heinz Co | Kellanova |
|---|---|---|---|---|---|
| Headquarters | United States of America | United Kingdom | France | United States of America | United States of America |
| City | Minneapolis | London | Paris | Pittsburgh | Battle Creek |
| State/Province | Minnesota | England | Ile-de-France | Pennsylvania | Michigan |
| No. of Employees | 34,000 | 127,000 | 96,166 | 38,000 | 30,000 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Jeffrey L. Harmening | Chairman; Chief Executive Officer | Executive Board | 2018 | 56 |
| Kofi Bruce | Chief Financial Officer | Senior Management | 2020 | 53 |
| Mark A. Pallot | Vice President; Chief Accounting Officer | Senior Management | 2020 | 50 |
| Jacqueline Williams-Roll | Chief Human Resources Officer | Senior Management | 2014 | 54 |
| Jaime Montemayor | Chief Digital and Technology Officer | Senior Management | 2020 | 59 |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
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