General Mills Annual Report 2012 Generating Balanced Growth Generating Balanced Growth Our brands compete in large and growing food categories that are on-trend with consumer tastes around the world. We’re investing in our established brands while also developing new products. And we’re building our business in developed markets while increasing our presence in emerging markets worldwide. Our goal is to generate balanced‚ long-term growth. General Mills at a Glance U.S. Retail Net Sales
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Contents 1. REPORT SUMMARY 1 2. OVERVIEW OF GENERAL MILLS‚ INC. 1 3. OVERVIEW OF DIAGEO PLC AND PILLSBURY COMPANY 2 4. OVERVIEW OF GENERAL MILLS’ ACQUISITION OF PILLSBURY 3 5. GENERAL MILLS’ STRATEGIC MOTIVES FOR ACQUIRING PILLSBURY 4 6. IS THE DEAL ECONOMICALLY ATTRACTIVE? 5 6.1. VALUATION OF PILLSBURY (WITHOUT SYNERGIES) 5 6.2. VALUE OF SYNERGIES (COST SYNERGIES) 5 6.3. VALUE OF CLAWBACK 6 6.4. VALUE OF GENERAL MILLS’ STOCK PAYMENT 9 6.5. VALUE OF DEBT ASSUMED 9 7. RECOMMENDATION FOR
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a) General Mills is a leading producer of packaged consumer foods. According to the financial statements‚ General Mills makes most of the money from sales. They have 3 segments: US Retail‚ International and Bakeries and Food Services. b) 1) The following are the financial statements that are commonly prepared for external reporting purposes: * Balance Sheet * Income Statement * Statement of cash flows * Statement of Stockholder’s equity 2) General Mills gives
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After 7 ½ hours of school and hard work‚ I had finally earned the treat of my good grades - The Olive Garden. I had worked super hard in every class and had wanted the olive garden since the week had started I was sitting in my house watching the rain drop in pools right outside my window. My head was drenched from the 5rain and my black hair was falling down my pale but happy face as i waited for my mom to get home. Suddenly I heard my white old squeaky garage opened and from the rain emerged my
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Olive Garden Evaluation Essay Cooking at home or having a homemade meal is a very good thing‚ but sometimes‚ we like to try different kinds of food. A lot of people come from different countries and they may have never had certain types of foods that are commonplace here. I once discovered that I enjoy Italian food‚ so the first Italian restaurant I went to‚ and I still visit‚ is Olive Garden. Olive Garden is not the greatest restaurant in the eyes of some‚ but for me‚ it’s simply the best! They
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Brandi Clifford BSAD 205 – Marketing Jim Moes Video Case 9 – General Mills Warm Delights; Indulgent‚ Delicious‚ and Gooey! 1. What is the competitive set of desserts in which Warm Delights is located? The competitive set of desserts that Warm Delights is located in is baking mix products such as cake mixes‚ brownies‚ cookie mixes‚ etc. Indulgence treat desserts would also be a competitive set such as Little Debbie or Hostess snack cakes‚ ice cream or chocolate. 2. A. Who is the target market
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sustainability initiatives. How do you think their efforts have impacted company profits? General Mills has shared its Global Responsibility Report to the public for the past 45 years. The report outlines the company’s approach to creating economic‚ environmental and social value in the countries it operates. Their goal is nourish lives and make an impact on our communities through various outlets. In 2005‚ General Mills implemented its US Health Matric. Since then‚ they have nutritionally improved more
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CASE STUDY ON MICHELANGELO’S By Chew Chia Wen‚ Gayle Ang Ru-Ching‚ Irene Tok Ling Ling & Siw Lee Fang (A) Case Study Framework Background The people behind the successful Michelangelo’s are Mr. Michel Hadley and Mr. Angelo Sanelli. Michelangelo’s‚ which is situated at Holland Village‚ 44 Jalan Merah Saga‚ 01-60 Chip Bee Gardens‚ is a crowd-drawer every night. It was opened in Sept 15‚1995 and has since bagged several awards. (refer to Appendix 3 for the list). Michelangelo’s serves Australian-Italian
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Denny’s Restaurant Case Study 1 Discusion Questions: 1. Has Jim Adamson been successful in changing the corporate culture at Avantica? Yes. Jim Adamson has been successful in changing the corporate culture at Avantica. He refused to allow the company to explain away its discriminatory practices with excuses; instead‚ he chose a well-known former colleague from Burger King‚ Ray Hood-Phillips who has a big success guiding Burger King to become a more diverse company‚ to lead Advantica. Adamson knew
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GENERAL MILLS’ ACQUISITION OF PILLSBURY FROM DIAGEO PLC General Mills is a major manufacturer and marketer of consumer foods in partnership with Pepsi Co. and Nestle. General Mills’ revenue is about 7.5 dollars with a market capitalization numbering to about 11 billion dollars. Its products are cereals‚ snacks‚ yogurt and many more and with this‚ they have to decide about an acquisition of another business which complements their products for them to be able to create more shares of stocks
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