General Mills Inc.
) recently launched a new protein cereal under its popular brand
Cheerios called Cheerios Protein.
Cheerios Protein will be available in 14.1 oz boxes and in two
flavors. The crunchy "O" shaped granola clusters are available in
flavors of Oats & Honey and Cinnamon Almond. Cheerios Protein
Oats & Honey features whole grain oat cereal with crunchy oat
granola clusters and real honey. Cheerios Protein Cinnamon Almond
features oats and whole grain corn cereal with crunchy almond
granola clusters and real cinnamon. When consumed with milk, both
flavors offers 11g of protein, 13 vitamins and minerals along with
the goodness of whole grain and fiber.
The company focuses on introducing a steady pipeline of products in
an effort to boost sales momentum and capture market share. Through
an innovative approach to new and established brands, the company
wants to cater to the increasing global demand for packaged food.
Some of these innovations, mainly in yogurt, add more nutritional
value to the packaged food with more fruits, vegetables and fiber
and less fat content.
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 effort to
introduce new products in the fast growing food categories bodes
well for long-term growth.
General Mills carries a Zacks Rank #3 (Hold).
However, better-ranked stocks in the food industry include
B&G Foods Inc.
). While B&G Foods and BRF S.A sport a Zacks Rank #1 (Strong
Buy), Aramark carries a Zacks Rank #2 (Buy).
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