|Bid||61.77 x 800|
|Ask||62.29 x 1100|
|Day's range||61.69 - 63.34|
|52-week range||53.96 - 64.65|
|Beta (5Y monthly)||0.50|
|PE ratio (TTM)||16.39|
|Earnings date||15 Dec 2021 - 20 Dec 2021|
|Forward dividend & yield||2.04 (3.21%)|
|Ex-dividend date||07 Jan 2022|
|1y target est||63.84|
MINNEAPOLIS, November 30, 2021--General Mills (NYSE: GIS) today announced that it has completed the sale of its 51 percent controlling interest in its European Yoplait operations. As part of the transaction with Sodiaal, which was initially announced on March 23, 2021, General Mills acquired full ownership of the Canadian Yoplait business. General Mills will also now operate with a reduced royalty rate for use of the Yoplait and Liberté brands in the United States and Canada.
General Mills (GIS) to offload its European dough businesses to Cerelia by the end of fiscal 2022. The move is part of the company's initiatives to drive growth under the Accelerate strategy.
A recent Bank of America note detailed which companies have the most exposure to the top holiday dishes amid supply chain bottlenecks, inflation, lingering COVID concerns, low inventories, and evolving consumer behaviors.