General Mills Reports Results for Fiscal 2020 and Outlines Fiscal 2021 Priorities
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General Mills (GIS) Tops Q4 EPS by 6c
July 1, 2020 7:03 AM EDTGeneral Mills (NYSE: GIS) reported Q4 EPS of $1.10, $0.06 better than the analyst estimate of $1.04. Revenue for the quarter came in at $5 billion versus the consensus estimate of $4.88 billion.
Fiscal 2021 Outlook and Priorities
General Mills expects the largest factor impacting its fiscal 2021 performance will be relative balance of at-home versus away-from-home consumer food demand. This balance will be determined by factors such as consumers ability and willingness to eat in restaurants, the proportion of people working from home, the reopening of schools, and changes in consumers income levels. While the COVID-19 pandemic has... More
