General Mills removing synthetic dyes from food, seen as positive move by Jim Cramer

From Yahoo Finance: 2025-06-29 13:20:00

General Mills, Inc. (NYSE:GIS) has seen a 20.5% dip in shares, making it one of the worst-performing food stocks in the market. The firm’s fiscal fourth-quarter revenue of $4.56 billion missed analyst estimates of $4.59 billion, but earnings of 74 cents beat estimates of 71 cents. Jim Cramer noted that General Mills, Inc. (NYSE:GIS) is removing synthetic dyes from its food products. Cramer also commented on the firm’s weak numbers and suggested that they need to cut prices or merge to improve. While GIS may be a good investment, some AI stocks may offer higher returns with limited downside risk.



Read more at Yahoo Finance: General Mills, Inc. (GIS) Is Removing Synthetic Dyes From Its Food, Says Jim Cramer