General Mills (GIS) Tops Q3 EPS by 12c

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Go back to General Mills (GIS) Tops Q3 EPS by 12c

General Mills Reports Fiscal 2024 Third-quarter Results

March 20, 2024 7:00 AM EDT

Net sales of $5.1 billion were down 1 percent in the third quarter and organic net sales1 were also down 1 percent; on a 2-year compound growth basis, net sales were up 6 percent and organic net sales were up 7 percent Operating profit of $911 million was up 25 percent; adjusted operating profit of $914 million increased 14 percent in constant currency Diluted earnings per share (EPS) of $1.17 were up 27 percent; adjusted diluted EPS of $1.17 increased 22 percent in constant currency Company reaffirms full-year fiscal 2024 outlook

¹ Please see Note 7 to the Consolidated Financial Statements below for... More