General Mills (GIS) Raises Quarterly Dividend 0% to $0.48; 2.9% Yield

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/9/2026

1. HUM
2. SPCX
3. ALHC
4. T
5. PEP
6. CVS
7. UNH
8. AXP
9. ZETA
10. TMUS

Go back to General Mills (GIS) Raises Quarterly Dividend 0% to $0.48; 2.9% Yield

General Mills Reports Fiscal 2016 Results With EPS Above Previous Guidance; Increases Margin Expansion Target

June 29, 2016 7:50 AM EDT

MINNEAPOLIS, June 29, 2016 /PRNewswire/ -- General Mills (NYSE: GIS) today reported results for the fourth quarter and full fiscal year ended May 29, 2016.  These results reflect the impact of foreign exchange headwinds, the sale of the North American Green Giant business, and one less week compared to fiscal 2015.

Fiscal 2016 Financial Summary

Net sales declined 6 percent to $16.6 billion.  On a constant-currency basis, net sales decreased 2 percent. Operating profit totaled $2.7 billion, up 30 percent compared to the prior year.  Operating profit margin increased 450 basis points to 16.3... More