|Bid||58.91 x 100|
|Ask||60.15 x 100|
|Day's range||58.99 - 59.79|
|52-week range||49.65 - 63.73|
|PE ratio (TTM)||21.92|
|Earnings date||19 Mar 2018 - 23 Mar 2018|
|Forward dividend & yield||1.96 (3.32%)|
|1y target est||58.84|
On Tuesday, January 16, Nestlé announced that it agreed to sell its US confectionary business to Ferrero for $2.8 billion in cash. Nestlé’s confectionary business, which represents about 3.0% of its total US group sales, was losing market share to bigger rivals such as Hershey (HSY) and Mars. A consumer shift toward healthy foods and away from sugary foods may have further encouraged Nestlé to divest its candy business in the US (SPY).
On December 29, 2017, Hain Celestial (HAIN) was trading at a 12-month forward PE (price-to-earnings) multiple of 24.8x.
Shares of MoneyGram (MGI) are tanking, down 9%, after US regulators blocked the sale of the money transfer company to Alibaba’s (BABA) Ant Financial Services. The $1.2 billion deal, which was in the works for several years, would have helped Alibaba solidify its US financial presence. Southwest Airlines (LUV) announced it will share its tax cut windfall with workers.
Nike (NKE) declared its fiscal 2Q18 results on December 21 after the markets closed. In 2Q18, its revenue rose 5.0% to $8.6 billion.
General Mills (GIS) finally reported improved sales in fiscal 2Q18 after tepid performance over the past several quarters. Following the announcement of the company’s improved performance and upbeat guidance, ...
Bear markets are a natural part of investing in the stock market. Here are three stocks to get you through the next one.
General Mills (GIS) managed to improve its sales during fiscal 2Q18. However, despite its top-line growth, the company’s margins remained weak and contracted YoY (year-over-year), reflecting increased ...
In the past, General Mills’ (GIS) sales have been impacted by weakness in its largest business segment, North American retail. However, in fiscal 2Q18, the segment returned to growth, thanks…
General Mills (GIS) surprised investors with an improved top-line performance in fiscal 2Q18. The company’s sales returned to growth after falling in the past nine quarters. General Mills’ fiscal 2Q18 ...
General Mills (GIS) announced its fiscal 2Q18 (period ended November 26) earnings on December 20, 2017. General Mills’ adjusted EPS (earnings per share) of $0.82 came in line with analysts’…
General Mills says it doesn’t call Cocoa Puffs and Lucky Charms kids cereals because many of their consumers are adults.
General Mills (GIS) reported healthy fiscal 2Q18 earnings. The company’s adjusted EPS (earnings per share) were in line with analysts’ expectation but fell YoY (year-over-year) due to margin pressure from ...
Shares of General Mills (GIS) are trading higher on Wednesday, following the food maker's upbeat earnings report, although one firm thinks that consumer staples in general will have another challenging year in 2018. General Mills said is earned 82 cents a share in its fiscal second quarter, in-line with analysts estimates. For the full fiscal 2018 year, it expects earnings per share to increase 1% to 2% on a constant-currency basis, while it sees organic net sales coming in flat to down 1%, although that's as much as 400 basis points above 2017 results, and an improvement from its previous guidance, for a 1% to 2% decline.
General Mills, Inc. (GIS) delivered in-line earnings in the second-quarter of fiscal 2018. Meanwhile, the top line came ahead of the Zacks Consensus Estimate after missing the same in three of the last four quarters.
General Mills Inc. shares jumped 2.4% in premarket trade Wednesday, after the consumer foods company beat fiscal second-quarter revenue expectations and raised its outlook. Net income for the quarter to ...
General Mills Inc. (GIS) on Wednesday reported fiscal second-quarter profit of $430.5 million. The Minneapolis-based company said it had profit of 74 cents per share. Earnings, adjusted for one-time gains ...