Hormel sells whole-turkey business to another Minnesota company, but Jennie-O remains
Hormel Foods is selling its whole-bird turkey business to Willmar-based Life-Science Innovations, a move aimed at reducing exposure to volatile, commodity-driven businesses. While Hormel will retain the Jennie-O brand and continue to sell ground turkey, the sale includes a production facility and feed mill. This strategic decision comes as the turkey industry faces declining consumer demand and fluctuating commodity prices.
NEOS Investment Management LLC Purchases 24,149 Shares of General Mills, Inc. $GIS
NEOS Investment Management LLC increased its stake in General Mills by 44.6% in the third quarter, purchasing an additional 24,149 shares, bringing its total holdings to 78,258 shares valued at approximately $3.95 million. This coincides with other institutional investors, such as Vanguard Group Inc. and State Street Corp, also increasing their positions, resulting in institutional investors owning 75.71% of General Mills. The company's stock has recently faced price target reductions and rating downgrades from analysts due to a guidance cut and weaker demand, despite remaining an attractive option for income investors with a 5.4% dividend yield.
General Mills, Inc. $GIS Shares Sold by JPMorgan Chase & Co.
JPMorgan Chase & Co. reduced its stake in General Mills (GIS) by 5.8% in Q3, selling 361,965 shares due to earlier guidance cuts and weakening demand. Despite a 7.2% decline in revenue year-over-year, General Mills exceeded quarterly EPS estimates and maintains a quarterly dividend of $0.61, supported by analyst sentiment for its long-term resilience and dividend reliability. The company is strategically repositioning with protein-focused cereals amidst analyst downgrades and a lower consensus target price of $51.37.
27,860 Shares in The J. M. Smucker Company $SJM Bought by Alberta Investment Management Corp
Alberta Investment Management Corp acquired 27,860 shares of The J. M. Smucker Company, valued at approximately $3.03 million, during the third quarter. Other institutions like Norges Bank and Engineers Gate also established significant stakes. J. M. Smucker recently declared a quarterly dividend of $1.10 per share and reported Q3 EPS of $2.10, slightly missing estimates, while setting FY2026 guidance at $8.75–$9.25 EPS.
Kraft Heinz Resets North America Under New Leadership And Growth Plan
Kraft Heinz has appointed Nicolas Amaya as President, North America, replacing Pedro Navio, and new CEO Steve Cahillane is pausing the planned company split to focus on profitable growth. The company is investing approximately $600 million into brands, R&D, and marketing to revitalize its North American market, following a period of weak share performance and a net loss. Investors will be watching closely to see if these strategic changes and new leadership can stabilize profitability and rebuild confidence amidst financial concerns and stiff competition.
Analysts Estimate Smucker (SJM) to Report a Decline in Earnings: What to Look Out for
Analysts are predicting a year-over-year decline in earnings for J.M. Smucker (SJM) in the quarter ended January 2026, despite higher projected revenues. The company is expected to report quarterly earnings of $2.25 per share, a 13.8% decrease, on revenues of $2.31 billion, up 5.7%. While the Most Accurate Estimate is slightly higher than the Zacks Consensus Estimate, Smucker's Zacks Rank of #4 (Sell) makes a conclusive prediction about an earnings beat difficult.
JM Smucker resets strategy with leadership shake-up, sharper brand focus
JM Smucker Co has reorganized its corporate leadership and is shifting its strategy to focus on organic growth, debt reduction, and shareholder returns, moving away from acquisitions. The company plans to boost profitability by expanding margins in its coffee and Uncrustables segments, while also streamlining its Hostess brand. Leadership changes include expanded roles for the CFO and General Manager, aimed at enhancing profitability and executing long-term growth.
Ontario Teachers Pension Plan Board Raises Position in General Mills, Inc. $GIS
The Ontario Teachers Pension Plan Board significantly increased its stake in General Mills (NYSE:GIS) by 88.3% in Q3, now holding 97,932 shares valued at approximately $4.94 million. This increased position comes as General Mills cut its FY-2026 guidance, expecting organic net sales to decline and facing analyst downgrades, despite maintaining a quarterly dividend of $0.61. Insider Paul J. Gallagher also sold 1,500 shares, reducing his ownership to 48,568 shares.
Synovus Financial Corp Acquires 45,396 Shares of General Mills, Inc. $GIS
Synovus Financial Corp increased its stake in General Mills (NYSE:GIS) by 29.9% in the third quarter, bringing its total holdings to 197,267 shares valued at $9.946 million. Other institutional investors also adjusted their positions in General Mills, while an insider sold 1,500 shares. Analyst ratings for General Mills are mixed, with an average "Hold" rating and a price target of $51.37.
Studio Investment Management LLC Sells 34,821 Shares of General Mills, Inc. $GIS
Studio Investment Management LLC significantly reduced its stake in General Mills by selling 34,821 shares, lowering its total holdings to 20,902 shares. This move follows General Mills cutting its FY-2026 sales and profit guidance, leading to analyst price target reductions and a consensus "Hold" rating. Despite beating quarterly EPS estimates, the company experienced a revenue decline and faces higher restructuring costs.
Vanguard Group Inc. Lowers Holdings in General Mills, Inc. $GIS
Vanguard Group Inc. reduced its stake in General Mills (NYSE:GIS) by 3.3% in the third quarter of last year, selling over 2.2 million shares. Despite this, Vanguard remains a significant holder with approximately 12.58% of General Mills' stock. Other institutional investors like State Street Corp and Charles Schwab Investment Management Inc. increased their holdings, while insider Paul Joseph Gallagher sold shares.
BofA Remains Bullish on General Mills (GIS) – Here’s Why
BofA maintained a bullish outlook on General Mills (GIS) despite cutting its price target to $55 from $61 and lowering its FY26 EPS forecast following the company's updated outlook. General Mills revised its full-year fiscal 2026 outlook due to a challenging consumer environment, anticipating organic net sales to be down 1.5% to 2% and adjusted operating profit and diluted EPS to be down 16% to 20%. The firm believes that the current valuation already accounts for short-term pressures in North America Retail.
Emerging Sub-Segments Transforming the Dried Soup Market Landscape
The dried soup market is projected to reach $4.63 billion by 2030, growing at a CAGR of 6.5%, driven by demand for convenient, healthy, and sustainable meal solutions. Key trends include plant-based protein soups, increased use of freeze-drying technology, and a focus on clean-label ingredients and sustainable packaging. Major players like Campbell Soup Company are expanding portfolios through acquisitions, and companies are innovating with products like high-protein instant noodle soups to cater to health-conscious consumers.
General Mills (GIS): Buy, Sell, or Hold Post Q4 Earnings?
General Mills (GIS) shares have fallen 8.9% over the past six months, underperforming the S&P 500. Analysts are cautious about the stock, citing declining sales volumes, negative revenue projections, and a dropping free cash flow margin. The company's valuation is considered fair, but the upside is limited compared to potential downsides, leading to a recommendation to avoid the stock for now.
Leading Companies Fueling Growth and Innovation in the Soup Market
The soup market is projected to reach $21.33 billion by 2030, growing at a CAGR of 4.4%, driven by consumer demand for convenient, healthy, and innovative options. Key trends include the rise of ready-to-eat products, plant-based varieties, and clean-label ingredients, with major players like Campbell Soup Company making strategic acquisitions to expand their portfolios. The market is segmented by type, category, packaging, and distribution channels, reflecting its diverse offerings to meet varied consumer preferences.
General Mills is ‘innovating how we innovate’ with AI
General Mills is leveraging artificial intelligence to understand consumer needs, develop new products, and refine its marketing strategies, aiming to reignite consumer growth. The company plans to introduce "GLP-1-friendly" products, enhance existing brands, and achieve a 25% increase in net sales from new innovations. Despite these efforts, General Mills has lowered its fiscal 2026 organic sales outlook, expecting a decrease of up to 2%.
General Mills (GIS): TD Cowen Lowers Price Target While Holding Rating | GIS Stock News
TD Cowen has lowered its price target for General Mills (GIS) from $47.00 to $45.00, while maintaining a 'Hold' rating on the stock. This adjustment follows similar moves by other analysts, reflecting ongoing evaluations of the company's market performance and future prospects. Despite the lowered target, the average target price from 19 analysts suggests a potential upside of 15.27% from the current price, indicating a "Hold" consensus among brokerage firms.
PepsiCo’s first creator-led product launch reimagines chips for Gen Z
PepsiCo Foods has launched its first creator-led product line, 'Flavor Swap,' in collaboration with Madison Beer, iShowSpeed, and Dude Perfect, aiming to engage Gen Z consumers. This social-first campaign introduces reimagined chip flavors and makes products available via TikTok Shop before a nationwide rollout. The initiative leverages influencer marketing and insights into Gen Z's shopping habits on social platforms, alongside flavor trends, to drive growth.
JPMorgan Adjusts McCormick Price Target to $78 From $72, Maintains Overweight Rating
JPMorgan has increased its price target for McCormick & Company (MKC) to $78 from $72, while reiterating an Overweight rating on the stock. This adjustment comes after other analysts like UBS, HSBC, Stifel, and TD Cowen also recently updated their price targets for the company. The article also provides an overview of McCormick & Company's business specializing in aromatic products and its market performance.
General Mills Elects Joan Bottarini to Board of Directors
General Mills, Inc. announced the election of Joan Bottarini to its board of directors, effective January 26, 2026. Bottarini, currently the Executive Vice President and Chief Financial Officer of Hyatt Hotels Corporation, brings extensive financial leadership and executive experience to the board. This appointment reflects General Mills' commitment to board succession and refreshing its leadership with highly qualified individuals. In further news, the board also declared a quarterly dividend of $0.61 per share.
General Mills lowers sales, profit outlook as stressed consumers spend less
General Mills has lowered its sales and profit outlook for the current fiscal year, citing reduced spending by financially stressed consumers. CEO Jeff Harmening noted "historically low consumer sentiment" exacerbated by inflation and other factors, leading to an anticipated organic net sales loss of 1.5% to 2%. The company plans to focus on offering more value and introducing new products with bold flavors and protein to adapt to changing consumer behavior.
General Mills Stock Down 7%, Guidance Lowered on Demand Pressure
General Mills (GIS) shares dropped nearly 7% after the company lowered its fiscal 2026 guidance, projecting a decline in organic net sales and adjusted operating profit due to a challenging consumer environment. The company attributes this to cautious consumer spending, with lower and middle-income shoppers increasingly opting for promotional prices. General Mills plans to counter these pressures through product innovation, focusing on protein-rich offerings and health trends, alongside continued cost-saving initiatives.
JPMorgan Adjusts Price Target on General Mills to $42 From $46, Maintains Underweight Rating
JPMorgan has lowered its price target for General Mills (GIS) from $46 to $42 while maintaining an "Underweight" rating. This adjustment reflects a more cautious outlook on the food processing company's stock. The news article also highlights similar price target adjustments from other major financial institutions.
General Mills Stock Down 7%, Guidance Lowered on Demand Pressure
General Mills (GIS) stock dropped nearly 7% after the company lowered its fiscal 2026 guidance, citing a tougher consumer environment and increased promotional buying. The company now expects organic net sales to decline 1.5% to 2% and adjusted operating profit and EPS to fall 16% to 20%. Despite challenges, General Mills plans to focus on innovation with new products and cost controls through productivity initiatives.
Piper Sandler Has Lowered Expectations for General Mills (NYSE:GIS) Stock Price
Piper Sandler has cut its price target for General Mills (NYSE:GIS) from $60.00 to $53.00, though it maintains an "overweight" rating, anticipating an almost 18% upside. The revision follows General Mills' lowered FY-2026 guidance, projecting a 1.5%–2% organic net sales decline and trimming EPS estimates. This news led to a 7.1% drop in shares, with the stock currently trading near $44.93, while the broader analyst consensus remains a "Hold" with an average price target of $52.56.
Hershey deploys AI agents to solve supply chain disruptions before they happen
Hershey is utilizing Aera Technology's AI-powered decision intelligence to proactively manage its supply chain and mitigate disruptions. This technology, also adopted by Mars, Kraft Heinz, and Unilever, helps companies optimize inventory, reduce waste, and improve logistics by identifying potential issues before they occur. Aera's agentic AI framework allows for independent strategy development and analysis, though human oversight remains crucial for final decisions.
General Mills wipes out prospects for growth amid “challenging backdrop”
General Mills has lowered its fiscal 2026 organic sales forecast, now expecting a decline of 1.5% to 2%, citing a "challenging backdrop" and slower-than-anticipated volume recovery. The company also revised down its adjusted operating profit and diluted EPS expectations. Despite the short-term headwinds, General Mills plans to leverage innovation in health and wellness, AI, and digital integration to drive future growth, expecting a 25% increase in net sales from new products in fiscal 2026.
Snack-maker Utz maps $500M sales boost and $100M+ cash flow goals
Utz Brands, Inc. outlined its long-term growth strategy and financial targets at the 2026 CAGNY Conference, aiming for sustainable growth and accelerated free cash flow. The company plans to achieve $1.9 billion in net sales, representing a $500 million increase, and over $100 million in Adjusted Free Cash Flow by 2027, driven by strategies like outpacing category growth, expanding margins, and efficient capital allocation. These goals are supported by differentiators such as expanding Boulder Canyon, geographic expansion, strengthening core markets, and innovation.
Stocks making the biggest moves midday: General Mills, Southwest, Genuine Parts, Norwegian Cruise Line & more
General Mills tumbled after lowering its 2026 outlook, while Southwest Airlines surged following a UBS upgrade. Warner Bros. Discovery and Paramount Skydance rose after Netflix granted a waiver for deal talks. Other significant movers included Tripadvisor, Genuine Parts, Masimo, Norwegian Cruise Line Holdings, ZIM Integrated Shipping Services, Vulcan Materials, Labcorp, and Leidos, each reacting to company-specific news or analyst actions.
TD Cowen Adjusts Price Target on General Mills to $45 From $47, Maintains Hold Rating
TD Cowen has revised its price target for General Mills (GIS) shares, lowering it from $47 to $45, while retaining a "Hold" rating on the stock. This adjustment reflects an analyst's updated outlook for the food group. Other financial institutions also made similar adjustments on the same day.
General Mills lowers sales, profit outlook as stressed consumers spend less
General Mills has lowered its sales and profit outlook for the current fiscal year, citing reduced consumer spending due to inflation, cuts in SNAP benefits, and geopolitical uncertainty. CEO Jeff Harmening stated that the company expects a 1.5% to 2% loss in organic net sales, a significant drop from earlier projections. In response, General Mills plans to focus on offering greater value, including lower prices and new products with "bold flavors" and increased protein.
GSA Capital Partners LLP Makes New Investment in General Mills, Inc. $GIS
GSA Capital Partners LLP initiated a new position in General Mills (NYSE:GIS) during Q3, purchasing 29,742 shares valued at approximately $1.5 million. The investment comes amidst General Mills cutting its FY26 sales and EPS guidance and facing increased bearish trading and analyst target cuts, despite beating quarterly EPS estimates. While the company's revenue declined by 7.2% year-over-year, investors may consider its 5.4% annual dividend yield against the weaker outlook.
Vegan Food Market Outlook 2026-2033: Growth Drivers, Share, and Trends Revealed in New Report Featuring Hain Celestial, SunOpta Inc., and WhiteWave
A new report by Coherent Market Insights projects the Vegan Food market to grow from USD 21,291.7 million in 2025 to USD 38,424.9 million by 2032, at a CAGR of 8.8%. The report offers in-depth analysis of market dynamics, competitive landscape, regional outlook, and segments, featuring key players like Hain Celestial, SunOpta Inc., and WhiteWave. It aims to assist industry professionals and investors in making informed decisions by providing insights into growth opportunities and market strategies.
Benchmark Reiterates Buy Rating on The Andersons, Inc. (ANDE)
Benchmark analyst Ben Klieve reiterated a Buy rating and set a $75.00 price target for The Andersons, Inc. (NASDAQ: ANDE). The article is a premium-only piece, requiring a subscription to StreetInsider.com Premium for full access.
General Mills Shares Sink 7% on Slashed 2026 Outlook and "Weak Consumer Sentiment"
General Mills (NYSE: GIS) shares plunged over 7% after the company drastically cut its fiscal 2026 guidance, now expecting organic net sales to decline and adjusted EPS to fall by 16-20%. This downturn reflects weakening consumer sentiment, inflation fatigue, and a shift towards value brands, signaling potential industry-wide challenges for traditional consumer staples. The update, announced at the CAGNY conference, suggests the "pricing power era" for big food brands may be ending, with significant implications for competitors and the broader market.
General Mills Cuts 2026 Outlook As GLP 1 Trends Reshape Demand
General Mills has lowered its fiscal 2026 sales forecast due to weakened consumer demand, attributing it to inflation, reduced food assistance, geopolitical uncertainties, and the emerging impact of GLP-1 weight loss drugs. The company CEO noted that GLP-1 trends are leading to consumer shifts towards smaller portions and more nutrient-dense foods, prompting General Mills to re-evaluate its product mix and long-term strategy. Despite short-term momentum, the company faces challenges with declining share prices and analysts monitoring how it adapts its portfolio to these evolving consumer patterns.
Ardagh Metal Packaging (NYSE:AMBP) Short Interest Up on NYSE Composite
The article discusses Ardagh Metal Packaging's (NYSE:AMBP) short interest increase on the NYSE Composite, contextualizing it within trading activity, institutional shifts, and broader packaging sector dynamics. It examines how these factors intersect with exchange structure and liquidity behavior. The piece highlights that elevated short interest signifies intensified trading engagement rather than operational changes.
Hormel to sell whole-bird turkey business to LSI alongside $3B Q1 outlook
Hormel Foods announced preliminary Q1 fiscal 2026 results, expecting approximately $3.0 billion in net sales and $0.34 adjusted diluted EPS, while reaffirming its full-year guidance. The company also entered into a definitive agreement to sell its whole-bird turkey business to Life-Science Innovations, with the transaction anticipated to close by the end of Q2 fiscal 2026. Final Q1 results will be released on February 26, 2026.
Food Stocks Tumble After General Mills Cuts Sales Forecast
General Mills stock fell sharply after the company, which owns brands like Cheerios and Pillsbury, revised its sales forecast downward. This revision was attributed to lower-than-anticipated consumer demand, subsequently causing a broader decline in other food stocks. The news highlighted concerns about the consumer sector's performance.
Investors Buy High Volume of General Mills Put Options (NYSE:GIS)
Investors recently bought a significantly higher volume of put options for General Mills (NYSE:GIS), indicating increased bearish sentiment after the company cut its FY2026 organic net sales and EPS guidance and reported rising restructuring costs. The stock dropped on the news, despite beating quarterly EPS estimates and declaring a 5.5% yield dividend. Analysts mostly hold a "Hold" rating on GIS, with a consensus price target of $53.28.
General Mills cuts annual outlook as shoppers seek cheaper options
General Mills has lowered its annual core sales and profit forecasts due to a volatile economic environment and changing consumer preferences, leading to over an 8% drop in its shares. The company, like other packaged food producers, is struggling as lower-income consumers opt for cheaper brands and private-label products amid persistent inflation and a growing trend towards healthier eating and weight-loss drugs. CEO Jeffrey Harmening noted that value is now a core consumer expectation, while competitors like PepsiCo and Kraft Heinz have also faced challenges.
Cheerios maker says cost of living, housing expenses changing way consumers spend
General Mills has cut its annual sales and profit forecasts, attributing the change to weak consumer sentiment and evolving consumer purchase patterns. The company noted that consumers are shifting towards healthier and lower-cost food options, partly due to the rise of GLP-1 weight-loss drugs and increased competition for protein. Additionally, Chief Executive Jeff Harmening stated that elevated cost of living and housing pressures are forcing lower- and middle-income consumers to prioritize value in their spending habits.
Sixth Street Specialty Lending stock hits 52-week low at $18.57
Sixth Street Specialty Lending Inc. (TSLX) stock has fallen to a 52-week low of $18.57, marking a significant 19.05% decrease over the past year and 16.23% in the last six months, with its RSI indicating oversold conditions. Despite these declines, the company maintains a P/E ratio of 10.38 and a strong 10.35% dividend yield, having consistently paid dividends for 13 years. Analysts remain cautiously optimistic with price targets between $21 and $25, while the company recently surpassed Q4 2025 earnings and revenue expectations despite a lowered price target by Keefe, Bruyette & Woods due to depreciation affecting net asset value.
General Mills shares slide on slashed 2026 guidance
General Mills (NYSE:GIS) shares dropped over 7% after the company revised its 2026 outlook downward, attributing the change to weaker consumer demand and increased market uncertainty. The company now forecasts organic net sales to decline, and adjusted operating profit and diluted earnings per share to fall more steeply than previously expected. Despite the challenging environment, General Mills is focusing on its Accelerate strategy and Remarkability playbook to strengthen its global brands.
Sauce Company Marzetti to Acquire Japanese Barbecue Sauce Brand for $400M
Marzetti, a dressings and sauces company, announced an agreement to acquire Bachan’s, a Japanese-style barbecue sauce brand, for $400 million. Bachan's, founded in 2019, reported approximately $87 million in sales for 2025. This acquisition aims to expand Marzetti's retail and foodservice networks and introduce Bachan's products to new markets and categories.
General Mills slides 6.84% after cutting fiscal 2026 sales and profit outlook
General Mills (GIS) stock dropped 6.84% after the company lowered its fiscal 2026 sales and profit outlook. This cut reflects weaker demand, increased consumer uncertainty, and a slower-than-expected volume recovery. The revised guidance suggests a larger earnings decline than previously anticipated by investors.
General Mills sees lower sales on weak consumer sentiment
General Mills expects to see lower sales due to weak consumer sentiment. The company's forecast indicates a challenging environment ahead as consumer confidence impacts purchasing behavior. This outlook suggests potential headwinds for the food industry giant.
General Mills Cuts Outlook Due to Weak Consumer Sentiment
General Mills has lowered its sales and profit outlook for the fiscal year, citing weakened consumer sentiment, inflation, and changes in consumer spending habits. CEO Jeff Harmening highlighted factors such as reduced SNAP benefits and geopolitical uncertainty as contributors to consumer stress, leading to decreased snack purchases and increased demand for promotions. The company, known for brands like Cheerios and Pillsbury, is experiencing a slower and more costly volume recovery than anticipated.
General Mills cut its sales outlook to mark the fifth birthday of its 'growth' strategy
General Mills has lowered its sales forecast, coinciding with the fifth anniversary of its "Accelerating Growth" strategy. This adjustment indicates challenges in achieving its growth targets despite the long-standing strategic initiative.
PepsiCo’s CMO on how its Super Bowl strategy informs 2026 growth plans
PepsiCo's Chief Consumer and Marketing Officer, Jane Wakely, details how the company's 2026 Super Bowl campaigns for Pepsi Zero Sugar, Lay's, and Poppi are integral to its long-term growth strategy. These campaigns link past brand recognition with authentic storytelling and focus on engaging consumers across multiple platforms, extending beyond initial ad placements. The company's approach delivered strong results, with ads ranking high in audience polls and contributing to significant revenue and market share growth for key brands.
