General Mills Expands Progresso and Annie's With Trend-Driven Launches

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โดย Simply Wall St·US·Read original
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General Mills expanded its Progresso Pitmaster BBQ-inspired soup lineup with two high-protein flavors and introduced two new Annie's mac and cheese varieties, including an online-exclusive SUPER! Mac Dill Pickle Mac & Cheese, in early September 2026. The company is partnering Progresso with Hidden Valley Ranch and leaning into bold, trend-driven flavors at Annie's as part of a strategy emphasizing fewer, bigger innovations aligned with changing consumer tastes. The Annie's SUPER! Mac Dill Pickle Mac & Cheese is sold exclusively online at major retailers and positioned as higher protein and higher fiber. General Mills' narrative projects $18.3 billion revenue and $1.8 billion earnings by 2029, assuming essentially flat yearly revenue and an earnings increase of about $1.9 billion from -$87.6 million today, with a $37.88 fair value implying 4% upside to its current price. Some of the lowest estimate analysts assume revenue falls to about US$17.6 billion by 2029 even as earnings rise toward US$1.8 billion, warning that higher media spend and complex, high protein innovation like these launches could backfire if sales momentum or pricing power fail to keep up.

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General Mills launched two new high-protein Progresso soups and two new Annie's mac and cheese varieties, expanding its product lineup to capture trend-driven consumer tastes.