General Mills’ profit falls 14% on inflation woes, margin pressure
General Mills Inc.’s stock rose Wednesday after the packaged-food giant beat Wall Street estimates for adjusted profit and revenue, although it said it continues to face inflation and pressure on margins.
General Mills: Q1 Earnings, A Report I Didn't Like
General Mills, a mature cash cow, generates over $20B in annual revenue. Read more to see why I have a neutral stance on GIS stock.
General Mills Beats Earnings Estimates. Why the Stock Is Trading Lower.
The maker of packaged foods reports adjusted earnings of $1.07 a share, beating Wall Street estimates by a penny.
General Mills Profit Falls on Lower Prices, Tighter Margins
General Mills said its quarterly profit fell on weaker sales, particularly in North America, as higher costs weighed on margins. The maker of Lucky Charms cereal and Bisquick pancake mix reported Wednesday that sales fell 1% year-over-year in the most-recent quarter,
General Mills (GIS) Q1 2025 Earnings Call Transcript
Good morning, and welcome to General Mills first quarter fiscal 2025 earnings conference call. [Operator instructions] As a reminder, this conference call is being recorded. I would now like to turn the call over to Jeff Siemon, vice president of investor relations and treasurer. Thank you.
General Mills: Fiscal Q1 Earnings Snapshot
General Mills Inc. (GIS) on Wednesday reported fiscal first-quarter net income of $579.9 million. The Minneapolis-based company said it had net income of $1.03 per share. Earnings, adjusted for non-recurring costs and restructuring costs,
General Mills Stock Rises After Earnings Beat
The maker of packaged foods reports adjusted earnings of $1.07 a share, beating Wall Street estimates by a penny.
General Mills tops quarterly earnings, revenue expectations
General Mills (NYSE: NYSE:GIS) surpassed expectations in its fiscal first-quarter earnings report, posting adjusted earnings per share (EPS) of $1.07, slightly above analysts' estimate of $1.05. Revenue also exceeded projections,
General Mills seeks new ‘bite-sized’ brand
General Mills announced last week it will sell its North American yogurt business, including Yoplait and Go-Gurt, for $2.1 ...
General Mills posts smaller drop in quarterly sales than expected
General Mills posted a smaller-than-expected drop in quarterly sales on Wednesday, benefiting from improved demand as the ...
General Mills Reports Decline in Profits Amid 'Uncertain' Consumer Backdrop
Breakfast and snack food giant General Mills reported lower sales and profits compared to the same quarter a year ago, as ...
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General Mills and Ahold Delhaize team up to transition 70,000 acres to regenerative agriculture
General Mills and Ahold Delhaize USA will transition 70,000 acres within their shared supply chain to regenerative ...
General Mills trades lower after reporting FQ1 organic sales decline
General Mills (GIS) reported mixed results for FQ1, with revenue down 1% and adjusted operating profit down 4%.
General Mills: A Hold Rating Amidst Modest Growth and Valuation Concerns
Robert Moskow, an analyst from TD Cowen, maintained the Hold rating on General Mills (GIS – Research Report). The associated price target ...
FoodBusinessNews20h
General Mills’ Q1 performance reflects expected slow start
Net sales in the first quarter dipped 1% to $4.85 billion from $4.9 billion a year ago, with organic net sales also ...
General Mills Faces Mixed Q1 Results: Earnings Win, Sales Drop, And Big Bets On 2025 Rebound
General Mills, Inc. (NYSE:GIS) shares are trading marginally lower on Wednesday. The company reported first-quarter adjusted ...