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0.000532481363152184 -0.00266240681576149 -0.000266240681576092 -0.00133120340788065 -0.00638977635782753 -0.00266240681576149 -0.00332800851970181 -0.0035942492012779
Stock impact report

GLP-1 And Private Labels Are A Genuine Threat To General Mills, But I May Buy This Dip [Seeking Alpha]

General Mills, Inc. (GIS) 
Last general mills, inc. earnings: 3/18 07:00 am Check Earnings Report
US:NYSE Investor Relations: investors.generalmills.com
Company Research Source: Seeking Alpha
GLP-1 appetite-suppressing drugs and rising private label popularity pose headwinds to GIS's revenue and brand strength. GIS's fundamentals show a low TTM GAAP P/E of 9.21, strong ~12% net income margins, but concerning 6.5% YOY revenue decline and shrinking EPS. Dividend yield is high at 6.59% FWD, but sustainability is questionable given declining revenues and $8.7B in current liabilities. Wolterk/iStock Editorial via Getty Images Thesis General Mills, Inc. ( GIS ) has failed to meet expectations per the company's last quarterly report, and investors have (arguably rightly) been pulling out. However, I believe we've reached the bottom or are at least approaching it. Given this, I This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in GIS over the ne Show less Read more
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