General Mills (GIS) Tops Q2 EPS by 18c, Beats on Revenue; Offers FY25 Guidance
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General Mills Reports Fiscal 2025 Second-Quarter Results and Updates Full-Year Outlook
December 18, 2024 7:00 AM ESTNet sales of $5.2 billion were up 2 percent; organic net sales1 increased 1 percent Operating profit of $1.1 billion was up 33 percent; adjusted operating profit of $1.1 billion increased 7 percent in constant currency Diluted earnings per share (EPS) of $1.42 was up 39 percent; adjusted diluted EPS of $1.40 increased 12 percent in constant currency Second-quarter results included certain timing benefits that are expected to reverse in the second half Company updates full-year fiscal 2025 outlook to reflect increased investment to fund improved volume and market share trends
¹ Please see Note 7 to the... More
