General Mills (GIS) Misses Q1 EPS by 6c

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General Mills Reports Fiscal 2018 First-Quarter Results

September 20, 2017 7:00 AM EDT

MINNEAPOLIS, Sept. 20, 2017 /PRNewswire/ -- General Mills (NYSE: GIS) today reported results for the first quarter ended August 27, 2017.

"Our number one priority in fiscal 2018 is strengthening our topline performance," said General Mills Chief Executive Officer Jeff Harmening.  "Our first-quarter net sales finished in line with our expectations, and our focus on our global growth priorities drove important improvement in our retail sales trends.  This included a 300 basis point improvement in the U.S., with better results in each of our top 5 categories.  We anticipated a slow start to the year... More