General Mills, Inc.
) recently introduced a new grain-free granola bar called Renola
under its brand Larabar. Renola comes in three flavors, Cocoa
Coconut, Cinnamon Nut and Berry. The new wholesome granola bar
provides much needed energy to keep going through an active day and
is a perfect snacking option for diet conscious consumers.
Renola contains simple non-GMO ingredients and is made of nuts,
fruits, seeds and spices. This nutritious grain-free granola is
also gluten-free, soy-free dairy-free, and kosher. The Cocoa
Coconut variety contains cocoa nibs, toasted coconut, nuts like
almonds, pecans and cashews and seeds including sunflower seeds and
The Cinnamon Nut Renola variety contains nuts like almonds, pecans,
cashews, sunflower seeds, pumpkin seeds and raisins. Cinnamon Nut
Renola also includes cinnamon and pure vanilla extract. Berry
Renola contains a combination of nuts, cinnamon and molasses with
General Mills has an outstanding portfolio of growth products and
brands, especially its healthy and convenience packages. Health and
nutrition remains the key focus of the company. The idea is to
appeal to the growing numbers of health-conscious customers who
prefer the convenience of packaged food without compromising on
health. The company's continuous efforts to introduce new products
in the fast growing food categories bode well for long-term growth.
Last week, General Mills introduced a new organic pea-protein
granola called Protein Granola under its Cascadian Farm brand. The
new organic granola bar comes in two flavors, Dark Chocolate
Coconut and Apple Crisp.
General Mills carries a Zacks Rank #4 (Sell).
However, better-ranked stocks in the food industry include
The Hain Celestial Group, Inc.
Inventure Foods, Inc.
). All the three companies carry a Zacks Rank #2.
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