General Mills (GIS) Tops Q3 EPS by 5c

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General Mills Reports Fiscal 2022 Third-Quarter Results and Raises Full-Year Outlook

March 23, 2022 7:00 AM EDT

Net sales essentially matched year-ago results at $4.5 billion; organic net sales1 were up 4 percent Operating profit declined 1 percent to $815 million; adjusted operating profit was down 6 percent in constant currency Diluted earnings per share (EPS) of $1.08 increased 13 percent from the prior year; adjusted diluted EPS of $0.84 increased 2 percent in constant currency Company raises full-year fiscal 2022 outlook

¹ Please see Note 8 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