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General Mills itself was created on June 20, 1928, [8] when Washburn-Crosby President James Ford Bell merged Washburn-Crosby with three other mills. [9] In the same year, General Mills acquired the Wichita Mill and Elevator Company of the industrialist Frank Kell of Wichita Falls , Texas .
General Mills stockholders received one share of Darden for every common share of General Mills held. General Mills restaurants had $108 million net income in that year. At the end of 1995, Darden operated 1,250 restaurants in 49 states with 73 locations in Canada. [6] Darden Restaurants was spun off from General Mills beginning on May 9, 1995 ...
Jeffrey L. Harmening is president and chief executive officer (CEO) of General Mills, having taken over from Ken Powell in June 2017. [1] [2] [3] He was chief operating officer (COO) of General Mills from July 2016 to May 2017. [4] He earned a bachelor's degree from DePauw University (1989), and an MBA from Harvard Business School (1994). [5] [4]
Annie's Homegrown (or simply Annie's) is an American organic food company owned by General Mills.The company was founded in Hampton, Connecticut, by Annie Withey and Andrew Martin, who had previously founded Smartfood popcorn along with Ken Meyers.
General Mills, Inc. (NYSE: GIS ) reported fourth-quarter earnings of 83 cents per share, which beat the analyst consensus estimate of 76 cents. This is a 5.06% increase over earnings of 79 cents ...
General Mills, in turn, bought Pillsbury in 2001 and succeeded to its interest in the joint venture. [8] [9] That same year, Nestlé exercised its contractual right to buy out General Mills' interest in Ice Cream Partners, which included the right to a 99-year license for the Häagen-Dazs brand, until 2110.
Rating Action: Moody's affirms General Mills Baa2/P-2 ratings; outlook stableGlobal Credit Research - 30 Aug 2022New York, August 30, 2022 -- Moody's Investors Service ("Moody's") today affirmed ...
General Mills, Inc. (NYSE:GIS) disclosed a deal to acquire Whitebridge Pet Brands’ North American premium cat feeding and pet treating business from NXMH for $1.45 billion. The acquisition ...