General Mills sees tepid annual profit, posts Q4 sales decline as demand falters

Go back to General Mills sees tepid annual profit, posts Q4 sales decline as demand falters

RBC Capital Reiterates Sector Perform Rating on General Mills (GIS)

June 27, 2024 6:14 AM EDT

RBC Capital analyst Nik Modi reiterated a Sector Perform rating and $70.00 price target on General Mills (NYSE: GIS).

The analyst comments "Results in Q4 were underwhelming to say the least (partially due to lapping favorable trade expense timing). While it... More