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Stock impact report

General Mills: Pet Food Will Drive Growth, Reiterating My Buy Rating [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
GIS is reshaping its portfolio, aggressively expanding in pet food, and leveraging Blue Buffalo's leadership and acquisitions in fresh dog and cat food. Dividend yield stands at 5.15%, with acceptable safety metrics; payout ratio at 65% and FCF coverage at 58% support continued low single-digit growth. Recovery in North America Retail and continued cost efficiencies are key catalysts, while inflation, consumer shifts, and leverage remain primary risks. Viktoriya Telminova/iStock via Getty Images General Mills, Inc. ( GIS ) share price has struggled for a couple of years. It hit its all-time high in May 2023 and trended lower as inflation and declining sales in some brand categories affected the top and bottom lines. In fact, sales This article was written by Analyst's Disclosure: I/we have a beneficial long position in the shares of GIS either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not re Show less Read more
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