General Mills
Coverage of General Mills in the Nexus archive.
- General Mills recalls Pillsbury bread rolls sold at Walmart over glass concerns
General Mills is recalling over 735,000 Pillsbury bread rolls due to concerns the frozen dough products may contain glass. The recalled items were sold at Walmart.
- General Mills recalls Pillsbury bread rolls sold at Walmart over glass concerns
General Mills is recalling more than 735,000 Pillsbury bread rolls after concerns the frozen dough products may contain glass. The affected products were sold at Walmart.
- Pillsbury recalls 2 bread products over potential glass contamination
General Mills is voluntarily recalling two varieties of rolls due to potential glass contamination, as reported by the FDA. The recall involves Pillsbury's bread products and is prompted by the presence of foreign materials.
- Pillsbury recalls 2 bread products over potential glass contamination
General Mills is voluntarily recalling two varieties of rolls due to potential glass contamination, as reported by the FDA.
- Recall alert: Pillsbury bread rolls could have glass in them, report says
Thousands of cases of Pillsbury bread rolls are being recalled due to potential glass, per FDA report. General Mills voluntarily recalls the rolls over foreign material risk.
- General Mills is recalling nearly 736,000 Pillsbury bread rolls over possible glass
General Mills is recalling nearly 736,000 Pillsbury bread rolls due to possible glass contamination. The recall includes two frozen dough products distributed across 19 states and was initiated on June 19.
- AG James Uthmeier launches investigation into bread additive
Florida Attorney General James Uthmeier announced an investigation into commercial baking products containing potassium bromate, which has been linked to cancer in animal testing and is banned in many countries. The probe targets companies like General Mills and its Pillsbury subsidiary, with subpoenas to follow. Legislation to ban potassium bromate and other additives, co-sponsored by Rep. Lindsey Cross and Rep. Meg Weinberger, stalled in committee.
- General Mills Books a Big Loss on the Way Out of Brazil
General Mills incurred a significant financial loss due to its exit from the Brazilian market, which has proven challenging for foreign consumer brands. The company's retreat from Brazil is highlighted as a major charge in its financial reporting.
- Most US stocks rise, but drops for tech keep Wall Street in check
Most US stocks rose, with the S&P 500 gaining 0.2% and the Dow Jones up 0.5%, but tech stocks like Micron and Nvidia fell. General Mills surged 7.1% after stronger-than-expected results and a cost-cutting plan. A weaker-than-expected manufacturing report eased inflation concerns, lowering 10-year Treasury yields to 4.46%.
- General Mills is targeting $3 billion in cost savings by 2030 after beating quarterly earnings estimates
General Mills aims to achieve $3 billion in cost savings by 2030 after exceeding quarterly earnings estimates. The company reported adjusted earnings of 95 cents per share in its fiscal fourth quarter, surpassing analysts' expectations of 80 cents.
- Most US stocks rise, but drops for tech keep Wall Street in check
Most U.S. stocks rose, but declines in major technology companies like Nvidia and Micron Technology weighed on the S&P 500. General Mills climbed 9.1% after reporting better-than-expected earnings and announcing cost cuts. Treasury yields and oil prices fluctuated amid concerns about inflation and the U.S.-Iran conflict.
- Wall Street weakens as technology stocks drag indexes lower
Wall Street markets declined on Wednesday as technology stocks, including Nvidia and Micron Technology, dragged down major indexes. Rising bond yields and concerns over AI stock valuations contributed to the drop, while General Mills rose after strong earnings. Oil prices eased amid hopes of a resolution to the U.S.-Iran conflict.
- General Mills agrees to sell Häagen-Dazs shops in China to investor group
General Mills is selling its Häagen-Dazs ice cream shops in China to an investor group that includes a Chinese tea brand. The transaction involves the sale of physical retail locations under the Häagen-Dazs brand within China.
- General Mills agrees to sell Häagen-Dazs shops in China to investor group
General Mills is selling its Häagen-Dazs ice-cream shops in mainland China to an investor group including Chinese tea brand Ningji. The deal grants exclusive rights to operate Häagen-Dazs shops and gifting businesses in China, while General Mills retains sales of Häagen-Dazs ice cream through retail and food service channels. Analysts note declining relevance of Häagen-Dazs' premium-priced, high-fat products in China, where low-fat gelato options are gaining popularity.
- The big scoop: lemon tea chain Ningji to revamp Haagen-Dazs’ struggling China business
General Mills is selling its mainland China Haagen-Dazs stores to an investor group led by local chain Ningji Lemon Tea, aiming to revamp the struggling business amid China's competitive market. Analysts view this as a proactive move to boost profitability.
- General Mills sells Häagen-Dazs ice cream stores in China
General Mills has sold its Häagen-Dazs ice cream stores in China. The transaction reflects a broader trend of foreign brands shifting towards local management.
- General Mills to Sell Mainland China Häagen-Dazs Ice-Cream Shops to Local Tea Brand Ningji
General Mills is selling its Mainland China Häagen-Dazs ice-cream shops to Ningji, a local tea brand. The transaction includes stores like the one at Metropolitan Plaza in Guangzhou.