General Mills Inc (NYSE:GIS)
$ 70.63 -0.8 (-1.12%) Market Cap: 39.87 Bil Enterprise Value: 51.80 Bil PE Ratio: 16.20 PB Ratio: 4.23 GF Score: 75/100

General Mills Inc at Sanford C Bernstein Strategic Decisions Conference Transcript

May 29, 2019 / 08:30PM GMT
Release Date Price: $48.25 (-5.56%)
Alexia Jane Burland Howard
Sanford C. Bernstein & Co., LLC., Research Division - Senior Analyst

It's my very great pleasure to welcome Jeff Harmening to our Strategic Decisions Conference for the first time.

Now Jeff has been CEO of General Mills since June of 2017, and he joined the company in 1994 serving in many parts of the business including Big G cereal, Cereal Partners Worldwide, Big G new enterprises and Foodservice new business in both marketing and general management roles.

Now General Mills has been stepping up its investments in innovation with a percentage of sales from new products introduced over the past year now above 5% globally in fiscal '19, and the other big initiative recently has been the acquisition of Blue Buffalo in April of last year with the roll out into the pet food shelves at Walmart stores that happened in March of this year.

Here to tell us a little bit more about the company strategy and outlook, I'll hand it over to Jeff. Thank you.

Jeffrey L. Harmening
General Mills, Inc. - Chairman & CEO

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