General Mills ( GIS ) is another one of the large CPG companies that might not be considered very exciting. Right now, it has a 5.02% forward yield, which is better than the yield on a Treasury bond. This companyI am a freelance business writer. I formerly wrote articles for the Motley Fool Blogging Network, where I won several editor's choice awards. After that, I wrote articles for the main Motley Fool site. I typically focus on restaurants, retailers, and food manufacturers, considering both growth oppor ...

General Mills ( GIS ) is another one of the large CPG companies that might not be considered very exciting. Right now, it has a 5.02% forward yield, which is better than the yield on a Treasury bond. This companyI am a freelance business writer. I formerly wrote articles for the Motley Fool Blogging Network, where I won several editor's choice awards. After that, I wrote articles for the main Motley Fool site. I typically focus on restaurants, retailers, and food manufacturers, considering both growth oppor ...

Food company Cuisine Solutions, which makes egg bites for Starbucks and sous vide grass-fed beef sirloin for Costco , has hired investment banks to explore a sale next year that could value the private, family-owned company at over $2 billion, according to people familiar with the matter. ...

You don't expect companies like Conagra Brands ( CAG ) to get into trouble. You can easily find their products in millions of kitchens. The company's main products are frozen meals, snacks, and pantry staples. And this kind of foodI am an independent investment analyst and financial writer with over four years of experience covering global equities, specializing in deep fundamental research and long-term investment theses. My investing background spans equity research, data analysis, and financial modeling, ...

You don't expect companies like Conagra Brands ( CAG ) to get into trouble. You can easily find their products in millions of kitchens. The company's main products are frozen meals, snacks, and pantry staples. And this kind of foodI am an independent investment analyst and financial writer with over four years of experience covering global equities, specializing in deep fundamental research and long-term investment theses. My investing background spans equity research, data analysis, and financial modeling, ...

ST. LOUIS, Dec. 17, 2025 /PRNewswire/ -- Post Holdings, Inc. (NYSE:POST), a consumer packaged goods holding company, today released its 2025 Sustainability report. The report details Post's enterprise-wide approach and progress with sustainability efforts across four strategic pillars: Sourcing, Operations, People and Products. Contact: Investor Relations Daniel O'Rourke [email protected] (314) 806-3959 Media Relations Tara Gray [email protected] (314) 644-7648 SOURCE Post Holdings, Inc. Received positive r ...

Seasoned Finance Leader Brings Deep Operational, Capital Markets and Manufacturing Experience to Support Next Phase of Growth thPLEASANTON, CA / ACCESS Newswire / December 17, 2025 / Armanino Foods of Distinction, Inc. (OTCQX:AMNF) ("Armanino" or the "Company"), a leading producer and marketer of premium frozen Italian and specialty foods serving retail, foodservice and industrial customers across North America and select international markets, today announced the appointment of Andrew Leonard as Chief F ...

General Mills reported lower second-quarter profit and sales as the company leans on price cuts to attract inflation-weary consumers. ...

General Mills beat quarterly sales estimates on Wednesday, as more consumers ate at home than dined out, boosting demand for the Cheerios maker's pantry staples and breakfast cereals. ...

财务数据和关键指标变化 - 第二季度报告净销售额为49亿美元，同比下降7%，其中剥离和收购的净影响造成6个百分点的阻力 [24] - 第二季度有机净销售额下降1%，主要受不利的价格组合影响，有机销量持平，较第一季度有所改善 [4][24][26] - 第二季度调整后营业利润为8.48亿美元，按固定汇率计算下降20%，调整后稀释每股收益为1.10美元，按固定汇率计算下降21% [5][25] - 上半年报告净销售额为94亿美元，有机基础下降2%，调整后营业利润为16亿美元，按固定汇率计算下降19%，调整后稀释每股收益为1.96美元，按固定汇率计算下降21% [32] - 第二季度调整后毛利率为净销售额的34.8%，同比下降150个基点，主要受投入成本上升影响 [30] - 第二季度调整后营业利润率为17.4%，同比下降290个基点，主要受毛利率下降和SG&A费用占净销售额比例上升影响 [31] - 上半年运营现金流同比下降至12亿美元，资本投资总计2.53亿美元，支付股息6.59亿美元，并通过净股票回购向股东返还5亿美元现金 [32] - 公司重申2026财年指引：有机净销售额预计在下降1%至增长1%之间，调整后营业利润和调整后稀释每股收益预计按固定汇率计算下降10%-15%，自由现金流转换率预计至少为调整后税后收益的95% [34] 各条业务线数据和关键指标变化 - **北美零售业务**：第二季度有机净销售额下降3%，受不利价格组合影响，但有机销量实现增长，这是超过四年来的首次 [4][26] 在尼尔森衡量的前十大品类中，有八个品类保持或增长了磅份额，尼尔森衡量的磅和美元趋势均较第一季度改善了一个百分点 [8][27] 按固定汇率计算的部门营业利润下降21%，主要受销量下降（包括北美酸奶业务剥离的影响）影响 [27] - **北美宠物业务**：第二季度净销售额（包括收购影响）增长11%，有机净销售额增长1%，受有利价格组合推动，但部分被销量下降所抵消 [27] 全渠道零售额估计增长1%，部门保持美元份额 [27] 按固定汇率计算的部门营业利润下降12%，主要受投入成本上升和SG&A费用增加（包括支持Love Made Fresh推出的投资）影响 [28] - **北美餐饮服务业务**：第二季度有机净销售额持平，冷冻烘焙食品、谷物和冷冻餐食增长，但被烘焙面粉（包括指数定价带来的3个百分点阻力）的下降所抵消 [28] 近90%的优先业务保持或增长了美元份额 [28] 部门营业利润下降12%，反映了北美酸奶业务剥离带来的阻力 [29] - **国际业务**：第二季度有机净销售额增长4%，由巴西、中国、印度和北亚的增长推动 [29] 在54%的优先业务中保持或增长了美元份额 [29] 按固定汇率计算的部门营业利润增长30%，受有利价格组合和销量增长推动 [29] - **合资企业**：第二季度谷物合作伙伴全球的净销售额按固定汇率计算下降1%，哈根达斯日本净销售额基本与去年同期持平，合资企业合并业绩为税后亏损6000万美元，主要由于公司在谷物合作伙伴全球的非现金商誉减值支出中占8500万美元税前份额 [30] 各个市场数据和关键指标变化 - **北美市场**：北美零售业务在超过四年后首次实现有机销量增长 [4] 北美宠物业务在第二季度恢复有机销售增长 [4] - **国际市场**：国际业务在第二季度实现强劲增长，由全球品牌业绩引领，哈根达斯在欧洲推出新口味并翻新核心产品，推动零售额实现低个位数增长 [20] 在法国和墨西哥，Nature Valley通过品牌建设投资和扩大分销，在零食棒品类中加强了领先地位，实现了美元份额增长 [22] 公司战略和发展方向和行业竞争 - 公司当前首要战略是投资于品牌的“卓越性”，通过卓越体验框架（产品、包装、品牌传播、全渠道执行和价值五大支柱）来恢复有机销售增长 [3][6] - 在北美零售业务，公司已完成对约三分之二产品组合的基本价格调整，以改善消费者价值，使产品创新和品牌建设投资更有效 [8] 弹性反应符合或超过预期的投资约占90% [12] - 在北美宠物业务，战略重点是加强核心Blue Buffalo业务，同时通过Love Made Fresh的推出、收购的Tiki Cat业务以及在美国推出Edgard & Cooper来推动差异化增长 [5][16] - 公司致力于通过整体边际管理计划推动效率以再投资于增长，该计划有望在2026财年实现销售成本5%的节约 [22] - 行业竞争方面，消费者行为发生变化，中低收入消费者因经济压力，更大比例地通过促销购买食品，而非日常价格，这增加了公司获取销量的成本 [9] 在Old El Paso所在的品类，公司看到健康的品类增长和来自新进入者的激烈竞争活动 [21] 管理层对经营环境和未来前景的评论 - 经营环境依然波动，中低收入消费者持续感受到显著的经济压力，导致其更多通过促销购买食品 [9] - 公司对下半年计划充满信心，预计将推动进一步改善，因此重申2026财年指引 [4] - 预计第三季度营业利润将比先前预期下降更多，原因是第二季度超预期驱动因素的逆转，以及获取销量成本的上升 [33] - 预计第四季度将实现强劲的利润增长，得益于有利的贸易时间比较、第53周的好处以及有机销售趋势的持续改善 [33] - 公司预计下半年有机净销售额将有所改善，由卓越性投资的扩大影响以及第四季度贸易时间利益推动 [33] 其他重要信息 - 公司在上半年完成了两项剥离和一项收购的过渡 [3] - 在北美零售业务，上半年创新和翻新产品的表现超出预期，公司有望在2026财年实现新产品销售额增长25% [10] - 媒体投资回报率在今年迄今实现了两位数增长，上半年媒体投资也增加了两位数 [11] - Love Made Fresh推出两个多月后，分销点已接近5000个冷藏柜 [17] - Tiki Cat品牌今年迄今继续推动两位数零售额增长 [18] - 在北美餐饮服务业务，公司在K-12学校的谷物销售额增长8%，推动该季度谷物份额增长1.5个百分点 [19] - 第二季度平均稀释流通股下降4%至5.37亿股，反映了持续的净股票回购活动 [31] - 第二季度调整后有效税率为23.3%，高于去年同期的20.1%，原因是2026财年各辖区收益组合不利以及2025财年某些非经常性离散税收优惠 [31] 问答环节所有的提问和回答 - 根据提供的文稿内容，本次只包含准备好的管理层陈述，未包含现场问答环节的对话记录，因此无法总结问答环节的提问和回答 [1]