General Mills (GIS) Tops Q4 EPS by 4c, Revenues Beat; Offers FY19 EPS Outlook Below Consensus

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General Mills Reports Fourth-Quarter And Full-Year Fiscal 2018 Results; Provides 2019 Outlook

June 27, 2018 7:00 AM EDT

MINNEAPOLIS, June 27, 2018 /PRNewswire/ -- General Mills (NYSE: GIS) today reported results for the fourth quarter and full fiscal year ended May 27, 2018, that were in line with the company's most recent fiscal 2018 outlook.

"Fiscal 2018 represented an important first step in returning our business to sustainable topline growth," said General Mills Chairman and Chief Executive Officer Jeff Harmening.  "We made significant progress toward competing more effectively this year, with strong innovation, marketing, and in-store execution driving positive organic sales growth in each of our last three quarters.  And we moved to... More