General Mills (GIS) Tops Q4 EPS by 11c
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General Mills Reports Fourth-Quarter and Full-Year Results for Fiscal 2022 and Provides Fiscal 2023 Outlook
June 29, 2022 7:00 AM EDTGeneral Mills Board of Directors Declares Six Percent Dividend Increase
Full Year Highlights
Net sales of $19.0 billion increased 5 percent from the prior year; organic net sales¹ were up 6 percent. Operating profit increased 11 percent to $3.5 billion; constant-currency adjusted operating profit was up 2 percent. Diluted earnings per share (EPS) of $4.42 were up 17 percent; adjusted diluted EPS of $3.94 increased 4 percent in constant currency. Operating cash flow increased 11 percent to $3.3 billion.Fourth Quarter Highlights
Net sales increased 8 percent to $4.9 billion; organic net sales increased 13... More