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General Mills (GIS)This is an EDITABLE stock research wiki. You can contribute by clicking on the EDIT PAGE link above or on the page icons that appear when you roll over one of the category subtitles below. From 1Table of contents
Company Information:Company Address: Number One General Mills Boulevard Minneapolis, MN 55426-1348
Company’s Web Address: http://www.generalmills.com
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Headquartered in Minneapolis, Minnesota, General Mills, Inc. (GIS) is a global consumer food company and the second largest domestic manufacturer of cereals, including the well-known cereal brands of Cheerios, Chex, Total, Kix, Wheaties, Golden Grahams, Trix, Cinnamon Toast Crunch, and Lucky Charms. The company operates in three segments: (1) U.S. Retail, (2) Bakeries and Foodservice, and (3) International. Principal product categories of the U.S. Retail segment (66% of revenue and 82% of operating profit in fiscal 2008) include: Big G ready-to-eat cereals, convenient-to-prepare dinner meals (Hamburger Helper, Old El Paso, Progresso), Pillsbury products (Betty Crocker, Bisquick, Gold Medal), snacks (Pop-Secret, Fruit Roll-Ups, Bugles, Nature Valley), yogurt products (Yoplait, GoGurt, Colombo), vegetables (Green Giant), and organic products (Cascadian Farm). In the U.S., products are primarily marketed by a dedicated sales force, supported by advertising and promotional activities. Wal-Mart is the company's single largest customer, representing approximately 19% of net sales. The Bakeries and Foodservice segment (15% of revenue and 7% of operating profit) sells baking mixes and frozen dough products to bakeries (retail, supermarket, and wholesale) under the Pillsbury and Gold Medal brand names. At 19% of revenue and 11% of operating profit, the International segment is the fastest growing segment distributing the company's entire range of cereal, meal, refrigerated dough, baking products, and snacks in over 100 countries.
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