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Two New Products from General Mills - Analyst Blog
General Mills Inc. 's ( GIS ) popular brand Betty Crocker recently launched new dinner options -- Helper skillet dinners and Betty Crocker potatoes.
Helper skillet dinners comprise Ultimate Hamburger and Chicken
Helper. Hamburgers include Creamy Stroganoff and Three Cheese
Marinara whereas Chicken Helpers come in Cheddar Broccoli and
Creamy Parmesan flavors.
A number of recipes have been created using the Ultimate Hamburger or Chicken Helper. Each of these brings together spices, vegetables, herbs and savory ingredients to prepare home-style meals.
Betty Crocker Ultimate Potatoes offers three new varieties of
potatoes. Ultimate Potatoes are made of real potatoes and cheddar
With changing consumer preferences, there is a huge demand for new products that are both tasty and healthy. These products target the growing number of health conscious consumers who understand the importance of home made food and prefer easy cooking given their busy schedules. These consumers are also conscious of the nutritional value of packaged food products.
Since General Mills has been striving to improve the nutrition profile of its products, these include healthy ingredients like vegetables, chicken, cheese, herbs and spices. These easy-to-make dinners make home cooking easy and are expected to appeal to health conscious consumers.
General Mills carries a Zacks Rank #3 (Hold).
Other consumer staples stocks that are worth considering include Boulder Brands, Inc. ( BDBD ), B&G Foods Inc. ( BGS ), and Dole Food Company Inc. ( DOLE ). Both B&G Foods and Dole Food Company carry a Zacks Rank #1 (Strong Buy), while Boulder Brands carries a Zacks Rank #2 (Buy).
BOULDER BRANDS (BDBD): Free Stock Analysis Report
B&G FOODS CL-A (BGS): Free Stock Analysis Report
DOLE FOOD CO (DOLE): Free Stock Analysis Report
GENL MILLS (GIS): Free Stock Analysis Report
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