General Mills Reports Fiscal 2020 Third-Quarter Results and Updates Full-Year Guidance

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Go back to General Mills Reports Fiscal 2020 Third-Quarter Results and Updates Full-Year Guidance

General Mills (GIS) Tops Q3 EPS by 1c

March 18, 2020 7:03 AM EDT

General Mills (NYSE: GIS) reported Q3 EPS of $0.77, $0.01 better than the analyst estimate of $0.76. Revenue for the quarter came in at $4.2 billion versus the consensus estimate of $4.21 billion.

Net sales of $4.2 billion were flat to last year; organic net sales¹ were also flat. Through nine months, net sales were down 1 percent and organic net sales were flat to last year.Operating profit of $651 million essentially matched year-ago results; constant-currency... More