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Breakfast Cereal Maker Post Expands Into Pet Category, Buys Perfection For $235M
Tuesday, October 10, 2023 - 10:47am | 346Post Holdings Inc (NYSE: POST) inked a deal to acquire Perfection Pet Foods LLC for $235 million. Perfection Pet Foods manufactures and packages private-label and co-manufactured pet food and baked treat products. The acquisition comprises two facilities in Visalia, California...
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They're After My Lucky Dividends: How to Earn $500 A Month from General Mills Stock
Friday, June 30, 2023 - 11:37am | 506Jerome Powell’s Federal Reserve increasing the interest rates isn’t just affecting the markets — they’re reaching into our cereal bowls as well. What Happened: General Mills Inc (NYSE:GIS), the cereal giant behind brands like Cheerios and Lucky Charms, reported a dip in revenue...
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Snoop Dogg Helping Breakfast Fans: Could Trademark For Snoop Loopz Take Over Cereal — Or See Kellogg's Lawsuit
Thursday, November 17, 2022 - 3:29pm | 634One of the most well-known rappers of all time has transformed himself into an entrepreneur in various industries. Here’s a look at what Snoop Dogg could be up to next. What Happened: Rapper Snoop Dogg has branched out into the business world with the ownership of Death Row Records and...
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Pepsi Wants You To Put Orange Juice On Your Cereal
Monday, May 2, 2022 - 2:59pm | 409One of the biggest breakfast debates of all-time is whether you put your milk in the bowl before or after adding cereal. Beverage brand Tropicana might have a way to one-up that debate. What Happened: To coincide with National Orange Juice Day on May 4, Tropicana is offering a new cereal called...
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Stock Wars: General Mills Vs. Kellogg Vs. Post
Wednesday, January 6, 2021 - 12:32pm | 744The battle for market share in the breakfast category is the subject of the latest Benzinga Stock Wars. General Mills Inc (NYSE: GIS), Kellogg Company (NYSE: K) and Post Holdings (NYSE: POST) are matched up head-to-head in several categories. About the Companies: General Mills is known around...
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Kellogg Declares Victory In 'First Wave Of Brand Building Investment'
Monday, February 24, 2020 - 5:14pm | 332Kellogg Company (NYSE: K) said in a press release its "first wave of brand building investment" has been successful. What Happened From 2017 through 2019, Kellogg's management's investments in Pringles, Cheez-It, Pop-Tarts, and Rice Krispie Treats generated double-digit growth in...
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General Mills CEO Talks Cereal Trends At CAGNY Conference
Wednesday, February 19, 2020 - 4:10pm | 326General Mills, Inc. (NYSE: GIS) is hoping to target health-conscious consumers as part of a new lineup of cereal breakfasts, including a $13 box of Morning Summit. What Happened General Mills CEO Jeff Harmening was speaking at the annual Consumer Analyst Group of New York (CAGNY) investor...
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FTC Challenges Post's $110M Acquisition Of TreeHouse's Cereal Business
Monday, December 23, 2019 - 11:45am | 438The Federal Trade Commission said last week in a statement it filed an administrative complaint that puts Post Holdings Inc's (NYSE: POST) proposed $110-million acquisition of TreeHouse Foods Inc.'s (NYSE: THS) cereal business into question. FTC: Post, TreeHouse Deal...
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Hershey's Kisses Cereal Is Here, And Early Reviews May Disappoint Fans
Wednesday, December 11, 2019 - 1:30pm | 486Cereal lovers are rejoicing Wednesday as the product of a much-anticipated partnership between chocolate maker Hershey Co (NYSE: HSY) and food company General Mills, Inc. (NYSE: GIS) becomes available in select locations. Hershey's Kisses Cereal is available for sale in some regions...
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Report: Cold Breakfast Wars Are Heating Up
Tuesday, August 20, 2019 - 4:48pm | 455At a time when consumers are opting for less sugar and more healthy options, The Wall Street Journal reports cereal makers are battling harder than ever to support sales. What Happened General Mills, Inc. (NYSE: GIS), the maker of Cheerios and Wheaties, has seen zero growth in cereal sales over the...
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The Big Business Of Cereal: Which Company Is Winning The Breakfast Bowl Wars?
Wednesday, March 7, 2018 - 5:22pm | 528Breakfast is said to be the most important meal of the day, and General Mills, Inc. (NYSE: GIS) is staking its health on this maxim. The packaged food producer recently increased investment in its cereal business to prompt a 7-percent sales pop last quarter. By other metrics, too, the extra...
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General Mills Debuts First New Cereal In 15 Years
Tuesday, June 7, 2016 - 1:17pm | 400General Mills, Inc. (NYSE: GIS) has announced its first new cereal in 15 years, Tiny Toast, which is "shaped like small pieces of toast and sprinkled with blueberries and strawberries." The announcement comes as General Mills recalled of four specific flavors of Nature Valley Protein Chewy Bars and...
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Is Dean Foods Facing A Secular Headwind Of People Consuming Less Breakfast & Milk?
Thursday, May 21, 2015 - 4:12pm | 416Even though fears of decline in milk consumption have been popping up from time to time, shares of Dean Foods Co (NYSE: DF) haven’t seen any kind of downturn, as they are up more than 20 percent year-over-year. Dean Foods CEO, Gregg Tanner, was on CNBC recently to share his outlook on...
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This Analyst Chatted With General Mills CEO And CFO
Thursday, March 19, 2015 - 11:24am | 514In an article published on TheStreet, Brian Sozzi of Belus Capital Advisors offered three reasons why "brighter days may be ahead" for General Mills, Inc. (NYSE: GIS) Sozzi talked to the company's Chief Executive Officer Ken Powell and Chief Financial Officer Don Mulligan and...
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Market Wrap For November 15: Janet Yellen's Post Fed Nomination Keeping Markets In The Green
Friday, November 15, 2013 - 5:42pm | 1425The major indices can bank another day in the green. The Dow Jones and S&P 500 both reached new highs during Friday's trading session as markets continued its momentum following U.S. Federal Reserve's new boss Janet Yellen confirmed the central bank's economic stimulus would continue. The...