General Mills reported a 6% drop in third-quarter operating profit, well below its expectations, said chairman and CEO Jeff Harmening, adding cost pressures will influence its full-year outlook.
General Mills has signed an agreement with Gunsmoke Farms to convert more than 30,000 acres of conventional farmland into certified organic acreage by 2020, in order to capitalize on growing consumer demand for natural and organic foods.
Jeff Harmening, General Mills’ CEO, told attendants at the Consumer Analyst Group of New York (CAGNY) the company could see more acquisitions as part of its ‘reshape the portfolio for growth’ strategy.
Soft results in the first quarter of fiscal 2018 from Honey Bunches of Oat and Malt-O-Meal maker Post Holdings reflect the growing competitive intensity in the North American cereal market.
Plant-based protein snack maker No Cow's founder Daniel Katz said General Mills has been providing resources to grow his company, which has grown double-digit monthly since receive the cash boost last year.
Campbell Soup has announced its Labels for Education program - in which schools receive supplies in exchange for clipped labels from participating products - will end after 43 years of operation and health experts are calling for General Mills to do the...
Cheerios maker General Mills has launched a Feeding Better Futures Scholars Program to encourage youths aged 13 to 21 to share their ideas on addressing hunger relief and sustainable agriculture.
UK researchers suggest whole grain foods with a fiber:carb ratio of less than 10:1 have the lowest fat, sugar and salt content, which could set in motion a new whole grain labelling system to help consumers chose healthier options.
General Mills’ CEO Jeffrey Harmening recently said during the company’s Q2 2018 earnings conference that he does ‘not feel pressure to do M&A’ following other CPG players’ recent moves.
The bakery and snacks industries saw a year of significant development beset with scandals, lawsuits and momentous personnel changes, but also crammed with promising deals, innovation and commitments.
Cereal Partners Worldwide (CPW) is calling on governments and industry worldwide to back a global commitment to help inform people about whole grain and its benefits.
Bakery and snack companies need to ensure brand licensing agreements will help them hold onto their brand's values and not just follow a fad, said JB Chicago’s president Steve Gaither.
General Mills will be removing its gluten-free claim from the labels of its Cheerios cereals following criticism from the Canadian Celiac Association that it is not confident of the company’s gluten-testing process.
General Mills is voluntarily recalling two days of production of Cascadian Farm Organic Cinnamon Raisin Granola cereal because of an undeclared allergen.
