General Mills' New Product Launches Have Been Successful, CEO Says -- Market Talk

Dow Jones

09/17

0817 ET - General Mills continues to expect a 25% increase in sales from new products this year. Product launches during the company's recent quarter were successful, CEO Jeff Harmening says in prepared remarks, "with customer acceptance, distribution and volume all tracking ahead of our expectations." The maker of Betty Crocker cake mixes is leaning into current trends to develop new products, such as Cheerios Protein cereal and Progresso Pitmaster soups, which feature bolder flavors and more protein. The company says it is supporting its new products with increased marketing and lower prices. Harmening says General Mills plans to adjust prices on roughly two-thirds of its portfolio this year, with about half of that work being completed during the recent quarter. General Mills is off 2% premarket after F1Q sales fall. (connor.hart@wsj.com)

(END) Dow Jones Newswires

September 17, 2025 08:17 ET (12:17 GMT)

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Product launches during the company's recent quarter were successful, CEO Jeff Harmening says in prepared remarks, \"with customer acceptance, distribution and volume all tracking ahead of our expectations.\" The maker of Betty Crocker cake mixes is leaning into current trends to develop new products, such as Cheerios Protein cereal and Progresso Pitmaster soups, which feature bolder flavors and more protein. The company says it is supporting its new products with increased marketing and lower prices. Harmening says General Mills plans to adjust prices on roughly two-thirds of its portfolio this year, with about half of that work being completed during the recent quarter. General Mills is off 2% premarket after F1Q sales fall. (connor.hart@wsj.com) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  September 17, 2025 08:17 ET (12:17 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>General Mills' New Product Launches Have Been Successful, CEO Says -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGeneral Mills' New Product Launches Have Been Successful, CEO Says -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-09-17 20:17</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0817 ET - General Mills continues to expect a 25% increase in sales from new products this year. Product launches during the company's recent quarter were successful, CEO Jeff Harmening says in prepared remarks, \"with customer acceptance, distribution and volume all tracking ahead of our expectations.\" The maker of Betty Crocker cake mixes is leaning into current trends to develop new products, such as Cheerios Protein cereal and Progresso Pitmaster soups, which feature bolder flavors and more protein. The company says it is supporting its new products with increased marketing and lower prices. Harmening says General Mills plans to adjust prices on roughly two-thirds of its portfolio this year, with about half of that work being completed during the recent quarter. General Mills is off 2% premarket after F1Q sales fall. 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Product launches during the company's recent quarter were successful, CEO Jeff Harmening says in prepared remarks, \"with customer acceptance, distribution and volume all tracking ahead of our expectations.\" The maker of Betty Crocker cake mixes is leaning into current trends to develop new products, such as Cheerios Protein cereal and Progresso Pitmaster soups, which feature bolder flavors and more protein. The company says it is supporting its new products with increased marketing and lower prices. Harmening says General Mills plans to adjust prices on roughly two-thirds of its portfolio this year, with about half of that work being completed during the recent quarter. General Mills is off 2% premarket after F1Q sales fall. 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Product launches during the company's recent quarter were successful, CEO Jeff Harmening says in prepared remarks, \"with customer acceptance, distribution and volume all tracking ahead of our expectations.\" The maker of Betty Crocker cake mixes is leaning into current trends to develop new products, such as Cheerios Protein cereal and Progresso Pitmaster soups, which feature bolder flavors and more protein. The company says it is supporting its new products with increased marketing and lower prices. Harmening says General Mills plans to adjust prices on roughly two-thirds of its portfolio this year, with about half of that work being completed during the recent quarter. General Mills is off 2% premarket after F1Q sales fall. 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