Plain old Cheerios are no longer made with genetically modified ingredients, but the switch hasn’t yet translated to a boost in sales. General Mills, the company that makes the cereal, in January announced it would start making its plain Cheerios without GMOs, or genetically modified organisms.
Rough winter weather took a bite out of General Mills’ fiscal third-quarter sales, and the cereal maker’s results missed Wall Street expectations. The maker of Cheerios, Yoplait and Betty Crocker products said Wednesday that its fiscal third-quarter net income rose 3 percent.
General Mills, whose brands include Cheerios, Yoplait and Betty Crocker, on Friday issued a lower-than-expected profit prediction for its fiscal third quarter, citing lower demand for its products in developed markets.
A boom in using trains to ship oil to Minnesota could cause a shortage at the breakfast table. The Wall Street Journal reports that Canada is months behind in grain shipments, as railroads have been shipping more oil instead.
General Mills’ Super Bowl commercial was ranked among audiences ten favorite ads from Sunday evening. The ad for Cheerios brought back the fictional interracial family who first appeared in a commercial last year.
Cheerios is bringing back an interracial family to star in its Super Bowl ad. They were featured in an ad last year that made headlines after it sparked ugly comments online. But the negative remarks were followed by an outpouring of support for the fictional family.
Monday was Martin Luther King Jr. Day, and tributes for the late civil rights leader were held across the country.
General Mills’ fiscal second-quarter net income rose 2 percent, helped by lower expenses. But the Minneapolis company’s performance fell short of Wall Street’s expectations. Its stock declined more than 2 percent in Wednesday premarket trading.
A Minneapolis neighborhood is taking on General Mills in two class-action lawsuits. Residents in the Como neighborhood of Minneapolis say chemicals dumped years ago at an old General Mills research facility near their homes lowers property values and puts their health at risk.
Spend some time with Free the Children founder Craig Kielburger, and you can feel the 30-year-old Canadian activist’s passion.
It’s a source of pride for many Minnesotans – the number of Fortune 500 companies that call Minnesota home. “We live in an amazing state, so I thought a big percentage were here,” said Diane Anderson, of Minneapolis.
General Mills announced Tuesday a voluntary recall of a limited quantity of refrigerated Pillsbury Cinnamon Rolls with Icing.
Adrian Peterson has reached another milestone of his decorated career: the cover of the Wheaties box.
The Vikings star was all smiles after practice on Tuesday when asked about his latest endorsement deal. He called it “probably one of my greatest accomplishments.”
Same-sex couples are just a few days away from being able to be legally wed in Minnesota, and one area business is offering some of those couples wedding cakes free of charge. Minnesota-based General Mills will be donating cakes for some couples.
Food maker General Mills said Wednesday that its fiscal fourth-quarter net income climbed 13 percent, helped by contributions from new businesses and strong sales overseas. But its fiscal 2014 adjusted earnings forecast came in slightly below analysts’ estimates, and General Mills Inc. shares dipped slightly before the market open.