General Mills (GIS) Tops Q1 EPS by 11c

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Go back to General Mills (GIS) Tops Q1 EPS by 11c

General Mills Reports Fiscal 2022 First-Quarter Results

September 22, 2021 7:00 AM EDT

Net sales increased 4 percent to $4.5 billion; organic net sales1 were up 2 percent Operating profit declined 1 percent to $844 million; constant-currency adjusted operating profit was down 2 percent Diluted earnings per share (EPS) totaled $1.02, down 1 percent from the prior year; adjusted diluted EPS of $0.99 was down 2 percent in constant currency Company reaffirms full-year fiscal 2022 outlook

¹ Please see Note 7 to the Consolidated Financial Statements below for reconciliation of this and other non-GAAP measures used in this release.

MINNEAPOLIS--(BUSINESS WIRE)-- General Mills (NYSE:... More