Posts Tagged ‘ken powell’

Investor Day focuses on our consumers

new york stock exchange

Today I was with General Mills executives on Wall Street for the company’s annual Investor Day event at the New York Stock Exchange. After we rang the opening bell, our executives spoke with analysts about the company’s innovation-fueled plans for growth in Fiscal 2015. (Here’s video from the bell ringing this morning). The key theme [...]

General Mills reports fiscal 2014 earnings


This morning General Mills (NYSE: GIS) announced earnings for the fourth quarter and for fiscal 2014, which ended May 25, 2014. In the press release, General Mills Chairman and Chief Executive Officer Ken Powell said, “Our plans for 2014 called for sales and earnings growth consistent with our long-term business model, along with increased cash [...]

Consumer changes fuel global growth


The emerging middle class in countries such as China, India and Brazil represents a world of opportunity for General Mills. That was the message that Ken Powell, chairman and chief executive officer, shared earlier this week with business leaders, students, faculty and staff at a sold-out University of Minnesota Carlson School of Management event. “We [...]

General Mills reports fiscal 2014 third-quarter results


Today General Mills reported financial results for the third quarter of fiscal 2014. On this morning’s live webcast, Ken Powell, chairman and CEO, Don Mulligan, executive vice president and chief financial officer, and Ann Simonds, senior vice president and president of Baking Products, discussed the company’s results and provided a look ahead to the fourth [...]

8 highlights from General Mills at CAGNY


The consumer was top of mind this morning at the annual Consumer Analyst Group of New York conference in Boca Raton, Fla., where companies in the consumer goods industry – including General Mills, ConAgra, Mondeléz, and Kraft – gave investors a look at what’s in store for the 2014 calendar year. General Mills Chairman and [...]

General Mills reports fiscal 2014 second-quarter results


This morning General Mills reported financial results for the second quarter of fiscal 2014 and revealed strong marketing and innovation plans for the remainder of the fiscal year. The full financials are outlined in the press release issued this morning and available on Here’s an overview of General Mills fiscal 2014 second-quarter results: -Net [...]

Looking toward growth in the new fiscal year


In the heart of New York City’s bustling financial district, General Mills executives told investors Tuesday that they have planned a year with healthy levels of sales and earnings growth ahead. After ringing the opening bell on the New York Stock Exchange, several of the company’s leaders took the stage at this symbolic landmark to [...]

General Mills global net sales increase to $17.8 billion

General Mills

This morning General Mills announced earnings for the fourth quarter and for fiscal 2013, a year in which the company’s worldwide net sales grew to $17.8 billion. Company executives also shared guidance for fiscal 2014 with investors and provided a preview of its innovation-fueled plans for growth. The full financials are outlined in a press [...]