General Mills (GIS) PT Raised to $52 at Credit Suisse

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Go back to General Mills (GIS) PT Raised to $52 at Credit Suisse

General Mills Reports Strong Fiscal 2019 Third-Quarter Results And Updates Full-Year Guidance

March 20, 2019 7:00 AM EDT

MINNEAPOLIS, March 20, 2019 /PRNewswire/ -- General Mills (NYSE: GIS) today reported results for the third quarter ended February 24, 2019.  Financial results for the third quarter and first nine months of fiscal 2019 include contributions from Blue Buffalo Pet Products, Inc. ("Blue Buffalo"), which was acquired on April 24, 2018.

"We had a strong third quarter, with positive organic sales growth and significant operating margin expansion," said General Mills Chairman and Chief Executive Officer Jeff Harmening.  "Our year-to-date performance and fourth-quarter plans give us confidence that we will meet or exceed all of our key... More