Packaged Foods Industry | Consumer Defensive Sector | Mr. Jeffrey L. Harmening CEO | XMUN Exchange | US3703341046 ISIN |
United States Country | 34,000 Employees | 1 Aug 2024 Last Dividend | 9 Jun 2010 Last Split | 10 Jun 1983 IPO Date |
General Mills, Inc. is a global entity that plays a significant role in the food industry by manufacturing and selling a wide array of branded consumer foods. The company, with a heritage dating back to 1866, operates out of Minneapolis, Minnesota and extends its reach worldwide through four main segments: North America Retail; International; Pet; and North America Foodservice. It excels in offering a broad spectrum of food products ranging from grain-based items to frozen treats, catering to various consumer needs including those looking for organic options. Aside from its robust presence in food retail, General Mills also has a footprint in the pet food market and operates ice cream parlors, showcasing its versatility and commitment to addressing diverse market demands. The company leverages both direct sales and an extensive distribution network involving brokers, distributors, and various retail formats to ensure its products are accessible to a wide audience.
The product portfolio of General Mills is distinguished by its diversity, catering to various consumer preferences and dietary needs. Notable offerings include:
General Mills markets these products under a variety of trusted trademarks and sells them through a wide array of channels, including grocery stores, mass merchandisers, e-commerce platforms, foodservice distributors, restaurants, and pet specialty stores, ensuring their availability to a broad consumer base.