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General Mills, Inc. - Company Profile

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General Mills, Inc. - Overview

Description
General Mills is a public company headquartered in Minnesota with an estimated 32,500 employees. In the US, the company has a notable market share in at least seven industries: Cereal Production, Frozen Food Production, Canned Fruit & Vegetable Processing, Yogurt Production, Stock & Broth Production, Frozen Pizza Production, Premium Pet Food Production and Frozen Pizza Production. Their largest market share is in the Cereal Production industry, where they account for an estimated 20.3% of total industry revenue.
Company Details

Registered Name: General Mills, Inc.

Company Type: Operating

Exchange: NYSE

Headquarters: P O Box 1113 Minneapolis MN 55440

Employees: 32500

General Mills, Inc. - Operating Industries and Main Competitors

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General Mills, Inc. - Products and Services

  • Frozen Food Production in the US

  • Of the 4 core revenue-generating products and services in the Frozen Food Production in the US industry, General Mills, Inc. offers:
    • Frozen prepared foods and entrees
  • Cereal Production in the US

  • Of the 6 core revenue-generating products and services in the Cereal Production in the US industry, General Mills, Inc. offers:
    • Ready-to-eat corn breakfast cereals
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General Mills, Inc. - Analyst Insights

Experienced challenges throughout the COVID-19 (coronavirus) pandemic

During the COVID-19 (coronavirus) pandemic, the company experienced adverse effects on their product sales, resulting from stay-at-home orders and the closure of cafeterias, school and restaurants at the time that contributed to a reduction in consumer traffic. Another factor that influenced a decline in product sales for the company is growth in unemployment which, in turn, contributed to a decline in consumer confidence and disposable income. To help minimize workforce disruptions, the company followed Center for Disease Control and Prevention and World Health Organization regulations, including mask use, social distancing and proper hygiene practices.

COVID|Labor


In response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.

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General Mills, Inc. - SWOT Analysis

Strengths and weaknesses take into account internal factors, and are based on General Mills, Inc.'s performance in comparison to its competitors. Opportunities and Threats focus on external influences, and are based on trends and demand in the Canned Fruit & Vegetable Processing in the US, Frozen Food Production in the US, and Cereal Production in the US industries.
Strengths
Days Receivables: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Annual Turnover: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Weaknesses
Credit Risk: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Revenue per Employee: $xx
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Opportunities
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Threats
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General Mills, Inc. - Financial Statements & Ratios

pie_chartGeneral Mills, Inc. Income Statement

BALANCE DATE12/31/202212/31/202112/31/202012/31/201912/31/201812/31/2017
Revenue18,992.818,127.017,626.616,865.215,740.415,619.8
Cost of Revenue000000000000000000000000
Cost of Revenue, Non-Cash000000000000000000000000
Gross Profit000000000000000000000000
AAAAAA AAAAAA000000000000000000000000

pie_chartGeneral Mills, Inc. Balance Sheet

BALANCE DATE12/31/202212/31/202112/31/202012/31/201912/31/201812/31/2017
Cash and EquivalentsN/AN/AN/AN/AN/AN/A
Short-Term Investments000000000000000000000000
Derivative Assets, Current000000000000000000000000
Restricted Cash and Investments000000000000000000000000
AAAAAA AAAAAA000000000000000000000000

pie_chartGeneral Mills, Inc. Cash Flow

BALANCE DATE12/31/202212/31/202112/31/202012/31/201912/31/201812/31/2017
Net IncomeN/A2,346.02,210.81,786.22,163.01,701.1
Income (Loss) From Discontinued Operations000000000000000000000000
Depreciation, Depletion and Amortization000000000000000000000000
Amortization of Financing Costs and Discounts000000000000000000000000
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