Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Jim Cramer on General Mills: “Management Doesn't Seem to Recognize That the Stock's Turned Into a Very Suboptimal Situation” [Yahoo! Finance]

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: Yahoo! Finance
General Mills, Inc. (NYSE: GIS ) is one of the stocks Jim Cramer evaluated, along with the fragile food market . Cramer highlighted why the company had to cut its earnings forecast, as he commented: This is not the only example. When General Mills spoke at CAGNY, a key industry conference, they told a slightly better story. When Mills reports next week, I bet pet food will shine. But there's heavy discounting in cereal, and management doesn't seem to recognize that the stock's turned into a very suboptimal situation. Their review, they say, is “resulting in significantly improved competitiveness.” They do have eight leading brands, each generates a billion dollars in sales. But in the end, General Mills, a justifiably proud company, had to cut its earnings forecast, and it was the talk of the whole conference. Why? “Weak consumer sentiment, heightened uncertainty, and significant volatility have weighed on category growth and impacted consumer purchase patterns, resulting in a slow Show less Read more
Impact Snapshot
Event Time:
GIS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for GIS alerts
Opt-in for
GIS alerts

from News Quantified
Opt-in for
GIS alerts

from News Quantified