General Mills Reports Fiscal 2023 Third-quarter Results and Raises Full-year Outlook
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General Mills (GIS) Tops Q3 EPS by 5c, Offers Outlook
March 23, 2023 7:04 AM EDTGeneral Mills (NYSE: GIS) reported Q3 EPS of $0.97, $0.05 better than the analyst estimate of $0.92. Revenue for the quarter came in at $5.1 billion versus the consensus estimate of $4.94 billion.
Fiscal 2023 Outlook:
General Mills continues to expect the largest factors impacting its performance in fiscal 2023 will be the economic health of consumers, the inflationary cost environment, and the frequency and severity of disruptions in the supply chain. For the full year, the company continues to expect input cost... More
