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General Mills is a global food company that manufactures and sells a wide range of packaged foods. Its products include cereals (like Cheerios), baking and ready-to-eat mixes (Betty Crocker, Pillsbury), ice cream (Haagen-Dazs), and pet foods (Blue Buffalo). The company distributes these products through grocery stores and online retailers and supports its brands with targeted advertising. Its food lines reach households, families, and pet owners alike. General Mills differentiates itself through a broad, well-known portfolio, a commitment to quality and sustainability, responsible sourcing, and community involvement, which helps build customer trust. Its goal is to provide tasty, nutritious foods while making a positive impact on people, communities, and the environment.
Industries
Food & Agriculture
Consumer Goods
Company Size
N/A
Company Stage
IPO
Headquarters
Minneapolis, Minnesota
Founded
1928
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Total Funding
$1.9B
Above
Industry Average
Funded Over
1 Rounds
General Mills paid $0.61 per share on 3 August 2026, maintaining a 5.9% yield but freezing its payout from 2018 through 2020. The company posted an $85 million net loss after nearly $3 billion in non-cash impairment charges, despite generating $2 billion in operating cash flow. Hormel Foods declared $0.2925 per share with an ex-date of 13 July 2026, yielding 5.2%. The company has raised its dividend for 60 consecutive years, qualifying as a Dividend King. Shares fell 12.08% in the past month and 40.16% over five years. Both food companies maintain long dividend streaks — General Mills at 127 years of uninterrupted payments, Hormel at 60 years of consecutive increases — but their recent financial performance diverges sharply.
PRSA-NY announces 2026 Individual Honorees for the Big Apple Awards. Sharon Moshavi, Aaron Kwittken, Ray Day, Rana Foroohar, Judy Smith and Jano Cabrera to be honored September 17 at Sony Hall in New York City. NEW YORK, Sept. 02, 2026 (GLOBE NEWSWIRE) - PRSA-NY today announced the six distinguished leaders who will receive 2026 Individual Awards at the 39th Annual Big Apple Awards Gala on Thursday, September 17, at Sony Hall in New York City. This year's honorees represent journalism, business, communication, innovation, mentorship and public service, with careers that demonstrate the extraordinary influence trusted communicators and leaders can have on organizations, institutions and society. The 2026 Individual Honorees are: Sharon Moshavi, President's Award Sharon Moshavi, President of the International Center for Journalists (ICFJ) and Co-CEO of the Plus alliance, will receive the PRSA-NY President's Award, recognizing her leadership and commitment to strengthening journalism at a time when trusted, independent information has never been more important. A journalist herself, Moshavi spent more than 15 years as a reporter, including over a decade as an international correspondent based in Delhi, Jerusalem and Tokyo, before joining ICFJ in 2007 and becoming its president in 2021. Her career reflects a deep commitment to supporting journalists around the world, expanding access to reliable information and helping journalism innovate and adapt while remaining grounded in its essential public service mission. Aaron Kwittken, Mentoring Award Aaron Kwittken, Partner and Global Head of AI and Innovation at FGS Global, will receive the PRSA-NY Mentoring Award, honoring a career that has combined entrepreneurship, innovation and a longstanding commitment to developing and championing the next generation of communication leaders. Over more than three decades, Kwittken has founded and built businesses, advised major organizations and helped lead the profession's embrace of emerging technology and AI. A past president of PRSA-NY and former adjunct professor at NYU, he has consistently made mentorship and service a part of his leadership. That commitment extends from the workplace to the classroom and his community, including establishing the Kwittken Fund for Strategic Communication Internships and Mentoring at George Washington University to help students gain career-building experience and mentorship, as well as serving as a volunteer firefighter in his local community. Throughout his career, Kwittken has created opportunities for emerging talent, generously shared his experience and encouraged others to think bigger about their careers, their potential and the future of the profession. Ray Day, PRSA-NY Lifetime Achievement Award Ray Day, Vice Chair of Stagwell and Executive Chair of Allison Worldwide, will receive the PRSA-NY Lifetime Achievement Award, recognizing more than three decades of leadership across some of the world's most influential companies and brands. Day has served as a chief communication officer and senior leader at organizations including IBM and Ford Motor Company, and today helps shape the future of one of the industry's major global networks. Throughout his career, he has championed communication as an essential business discipline, built and led high-performing teams and helped elevate the role and influence of communication leaders in the C-suite. Rana Foroohar, The Daniel J. Edelman Award for Social Impact Rana Foroohar, Global Business Columnist and Associate Editor at the Financial Times, and CNN's Global Economic Analyst will receive The Daniel J. Edelman Award for Social Impact, sponsored by Edelman. One of today's most respected voices on economics and global business, Foroohar has spent her career examining the intersection of markets, technology, politics and public policy. Through her journalism, commentary and books, she has consistently examined how economic and technological power shapes society and individual lives, challenging conventional thinking and bringing clarity and perspective to some of the most consequential issues of its time. Judy Smith, The Barbara Way Hunter Trailblazer Award Judy Smith, Founder and CEO of Smith & Company, will receive The Barbara Way Hunter Trailblazer Award, sponsored by HUNTER, honoring a groundbreaking career that has helped redefine crisis communication while opening doors for generations of leaders who followed her. Known around the world as a trusted crisis advisor, Smith has counseled presidents, world leaders, Fortune 50 CEOs and high-profile individuals through some of their most challenging moments. Before founding Smith & Company, she served as Deputy Press Secretary and Special Assistant to President George H.W. Bush, becoming the first Black woman to brief the White House press corps, and her remarkable career later inspired the hit television series Scandal. A lawyer, entrepreneur, strategist and counselor, Smith has built her career around judgment, trust and the power of communication when the stakes are highest. Jano Cabrera, The Harold Burson Award Jano Cabrera, Chief Communications Officer of General Mills, will receive The Harold Burson Award, sponsored by Burson. The award recognizes a communication leader whose career reflects the strategic counsel, judgment and leadership embodied by Harold Burson, one of the profession's most influential figures. Cabrera's career has taken him from presidential politics and the White House to global consulting and the C-suite, with senior roles at Burson-Marsteller and McDonald's before joining General Mills. A PRWeek Hall of Fame inductee, Cabrera has built his career around understanding the business, listening carefully and earning the trust required to counsel leaders through change, opportunity and complex reputational challenges. "The talent represented by this year's honorees is extraordinary - these are true legends in their fields. What makes this group even more remarkable is the profound impact they've had on the institutions, industries and people around them," said Paul Cohen, PRSA-NY President. "They have strengthened independent journalism and access to reliable information; mentored and inspired generations of young talent; elevated communications as an essential business discipline; held power to account and illuminated some of the defining issues of our time; broken barriers and counseled leaders when the stakes were highest; and helped our profession navigate enormous change. At a moment when trust is fragile, truth is too often under attack and the way people receive information is changing before our eyes, we need examples like these. I could not be prouder that PRSA-NY is honoring Sharon, Aaron, Ray, Rana, Judy and Jano." The 39th Annual Big Apple Awards Gala will take place September 17 at Sony Hall in New York City. This year's theme, "Where Stories Move Hearts, Minds and Markets," celebrates the power of communication and storytelling to influence organizations, communities and culture. The evening will bring together leaders from across public relations, corporate communication, agencies, media and business to recognize the 2026 Individual Honorees, celebrate the year's outstanding Big Apple Award-winning work and honor the next generation of the profession. Tickets and tables are now available for the September 17 celebration at Sony Hall. Secure your tickets or table and join PRSA-NY in celebrating this extraordinary group of leaders and the very best of New York's communication community. Sponsors for 2026 Big Apple Awards PRSA-NY is grateful for the support of its members and the broader PR community, including Big Apple Awards sponsors Edelman, HUNTER, Burson, MikeWorldWide, 360PR+, Truescope, Davis + Gilbert LLP, Baker Tilly x Anchin, The Museum of Public Relations, D S Simon Media, Coyne PR, Bospar and Notified. Sponsorship opportunities are available at a variety of levels to join the Sponsor Honor Roll. Contact [email protected] to learn more. About PRSA-NY The Public Relations Society of America, New York Chapter (PRSA-NY), is one of the largest and most influential chapters of PRSA. Serving communication professionals throughout the New York metropolitan area, PRSA-NY provides professional development, education, networking and recognition programs designed to advance the profession and the people who shape it. A photo accompanying this announcement is available at
Pillsbury debuts new croissants. 08.28.2026 General Mills, Inc. has unveiled two new biscuits as part of its Pillsbury brand: Butter Grands! and Chocolate Grands!. The company described Butter Grands! croissants as being made with 48 layers of butter and Chocolate Grands! croissants as being made with 48 layers of Belgian cocoa. Both varieties are also ready to bake with no thawing required. Pillsbury Grands! croissants are now available at US stores. Each package of both flavors contains eight larger pastries that may be baked individually or together. Get better retail baking industry search results. Adding BakeMag tells Google to prioritize bake stories.
PB+J cereal. Aug 26 2026 Featured New Products Reese's Puffs cereal is bringing another flavor combination to the cereal aisle with the launch of new, limited-edition Reese's Puffs PB+J cereal. Inspired by Reese's PB+J Cups, Reese's Puffs PB+J cereal blends its signature peanut butter and chocolate flavor with the taste of strawberry jelly. Reese's Puffs PB&J cereal follows last year's debut of Reese's Puffs Dark Chocolate cereal. Every box of Reese's Puffs PB+J cereal also includes exclusive temporary tattoos - a throwback to in-pack surprises. Reese's Puffs PB+J cereal is available now in retailers nationwide, but for a limited-time only. General Mills
Häagen-Dazs leaves Brazil and opens space for competitors in premium ice cream. General Mills decided to end the brand's distribution in a portfolio overhaul announced in March, while the Brazilian market attracts Chinese Mixue and sees Bacio di Latte and Borelli advance in the premium segment. August 24, 2026 | 11:34 PM Bloomberg Línea - General Mills' decision to end distribution of Häagen-Dazs ice cream in Brazil after about 30 years opens a dispute for the space left at the top of bulk ice cream, a format that concentrates 73.47% of national preference. Among the main competing brands are Ben & Jerry's, Bacio di Latte and Brazilian La Basque, a national pioneer in the segment since 1980, which compete for the same premium pint freezer in supermarkets, while Magnum and artisanal chains such as Borelli, expanding in shopping malls, compete for consumption occasions. Ben & Jerry's keeps pints in supermarkets and own stores, and Magnum operates in indulgent popsicles, both under The Magnum Ice Cream Company, an independent company created in the spinoff of Unilever's ice cream, completed in December 2025. Bacio di Latte, which opened its first store in 2011 on Oscar Freire Street in Jardins, moved from gelaterias to distribution of pints in retail and delivery. The chain has more than 240 own stores and 8,000 points of sale in several states, in addition to operations in the USA. On the artisanal side, Borelli, founded in 2013 in Ribeirão Preto, in the interior of São Paulo state, reports more than 260 franchised units in 25 states and the Federal District, with plans to reach 420 by the end of 2026. Meanwhile, private-label lines from premium supermarkets also compete for the same consumer budget in this category. La Basque, a pioneer of superpremium in the country, founded in 1980 in Campinas by banker Aloysio de Andrade Faria, was sold in February 2025 to Pará-based group ICMelo Flamboyant, which presents itself as the leader in yogurt in the North, with brands Flamboyant and Delatti, and operates in ice cream and popsicles with lines Flamboyant Gelato and Maioca. At the time, the buyer announced the expansion of the franchise network and the launch of new products. Contacted by the report, Bacio di Latte, La Basque, Borelli and The Magnum Ice Cream Company did not immediately respond to a request for comment on Häagen-Dazs' departure. Häagen-Dazs occupies the superpremium tier of bulk ice cream, defined by higher-cost ingredients, less air incorporation in the composition, which increases density, and a price above traditional ice cream. Research by Abrasorvete (Brazilian Association of Ice Cream and Other Edible Ice Creams) shows that bulk ice cream leads by a wide margin, with 73.47% of preference, ahead of popsicles, with 13.20%, and soft serve served in fast-food cones, with 10.93%. The premium pint has become a gateway for gelaterias in food retail. Argentina's Havanna, known for alfajores, and Curitiba-based Freddo Gelateria sell gelato pints in supermarkets in the Southeast and South, respectively, and maintain stores in malls. The premium segment has fewer buyers, but concentrates the largest share of ice cream spending in Brazil, with an average ticket above R$ 44, according to a survey by Worldpanel by Numerator, formerly Kantar, with data from 2024. 'Portfolio overhaul' The American multinational attributed the end of sales of its ice cream brand to a portfolio overhaul. 'The Häagen-Dazs brand will no longer be distributed in Brazil, due to a portfolio overhaul plan by General Mills, announced in March 2026,' the company confirmed in a statement sent to Bloomberg Línea. The note does not set a timeline for clearing remaining stock, does not clarify whether other company brands in the country are affected by the same plan, nor whether there are negotiations for the brand to have a local distributor. Häagen-Dazs pints in the country were imported. The factory in Tilloy-lès-Mofflaines, France, supplies 90 countries. The operation did not depend on manufacturing structure in the country, which reduces the cost of a possible return. Häagen-Dazs is not part of the agreement with the 3corações group, announced in May, when General Mills agreed to sell traditional brands such as Yoki (farofa, microwave popcorn and shoestring potatoes) and Kitano (seasonings) for R$ 800 million, including the units in Pouso Alegre (MG) and Campo Novo do Parecis (MT). The deal is expected to be completed by the end of 2026 and was presented as a move in the company's global portfolio reorganization strategy. The Häagen-Dazs brand was created in the United States in 1960 by Reuben Mattus, an immigrant of Polish origin, in the Bronx neighborhood of New York. The name has no meaning in any language. Mattus invented a spelling with Scandinavian sound to suggest European tradition. In the freezers of high-income supermarkets in São Paulo, such as St. Marche, Casa Santa Luzia, Mambo and Pão de Açúcar, Häagen-Dazs pints shared space with Bacio di Latte, Ben & Jerry's, La Basque and the chains' own brands, in the range of R$ 55 to R$ 70 per half-liter pint. The effect of the closure already appears in e-commerce: on the St. Marche website, the 500 ml cookies & cream pint remains listed, priced at R$ 69.49 and promotional at R$ 55.99, but marked as unavailable. While the superpremium brand leaves the country, Chinese Mixue advances. The chain debuted in Brazil in April, with two stores in the capital, at Shopping Cidade São Paulo on Paulista Avenue, and in the 25 de Março region, and later opened in the Aricanduva, Tietê Plaza and Metrópole malls in Santo André. On August 4, it opened its first unit in the south zone, at Shopping Campo Limpo, with about 85 m^2 on the 3rd floor. The menu starts at R$ 3 for ice cream and R$ 6 for drinks, with lemonades, iced teas, milkshakes and versions adapted to local taste, prepared with coffee and tropical fruits, in an operation integrated with delivery. Founded in 1997, the same year Häagen-Dazs arrived in Brazil, Mixue has more than 47,000 units worldwide and is the largest global fast-food chain in number of stores. In the popular ice cream segment, the Chinese chain and Brazilian Chiquinho compete for low-ticket consumers in malls and streets, alongside São Paulo-based Rochinha, which has about 200 points among franchised and own stores and kiosks and also distributes in supermarkets. Mexican paleta chains, such as Los Paleteros, occupy the same tier in shopping mall kiosks. The size of the market at stake. The Brazilian ice cream market moved R$ 12.1 billion between March 2025 and March 2026, according to Abrasorvete, with a projected 16.3% increase in revenue this year. The survey by Abrasorvete with EJFGV (Junior Enterprise of Fundação Getúlio Vargas), dated September 2024, indicates average consumption of 5.94 liters of bulk ice cream per person per year and 3.19 liters of popsicles, equivalent to about 45 popsicles. The study estimates total ice cream consumption at 9.1 liters per person per year. The 10% to 15% share of the population that does not consume ice cream was left out of the base. The survey also maps when consumption occurs, relevant data for a dessert brand. Ice cream appears as dessert for 64.40% of respondents, during outings for 60.27% and as a snack for 21.20%, in non-exclusive responses, while climate influences the purchase of 66.53%. Geographically, São Paulo accounts for 20% of national consumption, followed by Minas Gerais with 9.87% and Rio de Janeiro with 9.73%. The 25 to 34 age group gathers 25.20% of consumers. The pattern repeats in delivery, an expanding channel. iFood delivered 11.3 million ice cream orders in 2025, an increase of more than 26%, of which 73% occurred right after main meals, with 4.5 million at dinner and 3.8 million at lunch. Weekends concentrated 38% of orders and Sunday alone accounted for 20%. São Paulo led among states, with more than 1 million orders, while Bahia and Ceará recorded the highest increases, of 72% and 51%.
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Industries
Food & Agriculture
Consumer Goods
Company Size
N/A
Company Stage
IPO
Headquarters
Minneapolis, Minnesota
Founded
1928
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