GM taps Nvidia to help improve self-driving technology
The terms of the deal were not disclosed. Transcript: Kelsey Barberio: Two of the biggest names in business are teaming up.
General Mills Q3 earnings beat estimates but weak guidance drives shares lower
General Mills Inc (NYSE:GIS, ETR:GRM) reported better-than-expected profits for the fiscal third quarter but weak guidance saw shares of the consumer packaged goods giant fall in early trade on Wednesday. Quarterly earnings per share (EPS) of $1.12 beat estimates of $1 but revenue of $4.8 billion was short of estimates of $4.96.
Cramer's Mad Dash: General Mills
Jim Cramer breaks down why he's keeping an eye on shares of General Mills.
Dollar General: New Financial Targets Boost Value Upside Confidence
Adjusting for one-off costs, Dollar General posted a reasonably solid 4Q24 result. New long-term financial targets point to a healthy recovery in Dollar General's operating profit margin from FY26E onwards. The near-term outlook for Dollar General is somewhat mixed, as management attempts to improve the business whilst simultaneously facing a number of baked-in FY25E cost headwinds.
Cereal Giant General Mills Stock Drops on Downbeat Outlook
General Mills (GIS) shares are falling in premarket trading Wednesday after the cereal giant issued a downbeat outlook and posted quarterly sales that undershot forecasts.
General Mills Q3 Revenue Falls 5%
Consumer food manufacturing giant General Mills (GIS -0.95%) reported mixed fiscal 2025 third-quarter earnings on Wednesday, March 19. Revenue of $4.8 billion fell short of analysts' consensus estimates of $4.96 billion and was down 5% year over year.
Dollar General Stock Jumps—Will Its Turnaround Plan Work?
Dollar General Corp. NYSE: DG stock is holding on to gains of about 6% after the discount retailer reported earnings on March 13, 2025. The company scored a slight beat on revenue, with its $10.30 billion in revenue nudging above the $10.26 billion projected by analysts.
General Mills sees slump in snack sales as customers focus on essentials
The company said that organic net sales “finished below our expectations.”
General Mills Expects Organic Sales Decline for Fiscal 2025
General Mills updated guidance for organic sales to decline this fiscal year as concerns about the economy push consumers to spend less on snacks.
General Mills cuts annual sales forecast
Pillsbury owner General Mills lowered its annual sales forecast on Wednesday, hit by increased competition from cheaper private label brands amid still high cost of living in an uncertain macro environment.
General Mills Q3 Earnings Preview: More Than A Cash Cow, Initiating With A 'Buy'
General Mills has strategically managed its portfolio, acquiring high-growth businesses like Blue Buffalo and divesting underperforming segments, driving steady organic revenue growth. The company is expected to achieve 2-3% organic revenue growth and mid-single-digit adjusted operating profit growth long-term, with potential for further acceleration. Near-term growth is projected at 1% for FY25, with a recovery to 4% organic growth from FY26, driven by volume, price increases, and pet food.
GM teams up with Nvidia to bring AI to robots, factories, and self-driving cars
General Motors is turning to Nvidia to help bring AI to the physical world in an expanded collaboration designed to touch every aspect of the automaker's business, including factories, robots, and self-driving cars.
