General Mills Reports Fiscal 2024 Second-quarter Results and Updates Full-year Outlook
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General Mills (GIS) cuts outlook on 'slower-than-expected' volume recovery
December 20, 2023 7:18 AM ESTGeneral Mills (NYSE: GIS) shares fell 1.1% in early Wednesday trade after the company slashed its full-year forecast.
For FQ2, adjusted EPS was $1.25, compared to $1.10 in the same period last year, and above the estimate of $1.15. Net sales fell 1.6% YoY to $5.14 billion, missing the expected $5.35... More
General Mills (GIS) Tops Q2 EPS by 10c
December 20, 2023 7:02 AM ESTGeneral Mills (NYSE: GIS) reported Q2 EPS of $1.25, $0.10 better than the analyst estimate of $1.15. Revenue for the quarter came in at $5.14 billion versus the consensus estimate of $5.37 billion.
Outlook:
Organic net sales are now expected to range between... More
