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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 .
The chain was expanded along the U.S. east coast. When General Mills divested its Specialty Retail Division in 1988, Talbots was acquired by JUSCO Co. Ltd. (now ÆON Co., Ltd.). Talbots became a public company in 1993 and was traded on the New York Stock Exchange under the symbol TLB.
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 ...
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 (NYS: GIS) carries $12.9 billion of goodwill and other intangibles on its balance sheet. Sometimes goodwill, especially when it's excessive, can foreshadow problems down the road.
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 ...
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.
G eneral Mills , the global provider of packaged goods, this week released its third-quarter earnings report for fiscal 2014. The results missed analyst expectations, but shares showed little ...