GIS Forex News
General Mills Cuts FY25 View Despite Q2 Above Market; Stock Drops
Shares of General Mills, Inc. were losing around 6 percent in the pre-market activity on the NYSE after the branded food company on Wednesday trimmed its fiscal 2025 earnings view, and said it sees net sales at the lower end of estimate range, citing increased promotional investment. This was despite reporting higher second-quarter profit and revenues, above market estimates.
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13h 20min ago
General Mills Reaffirms FY24 Outlook - Update
While reporting financial results for the first quarter on Wednesday, branded food company General Mills, Inc. (GIS) reaffirmed its adjusted earnings growth and organic net sales growth outlook for the full-year 2024.
RTTNews
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455 days ago
General Mills Boosts FY23 Outlook As Q2 Results Top Estimates
Branded food company General Mills reported Tuesday a profit for the second quarter that edged up 1 percent from last year, driven by improved gross margins and 4 percent net sales growth. Both adjusted earnings per share and net sales topped analysts' estimates. The company also raised its adjusted earnings and organic net sales growth guidance for the full-year 2023.
RTTNews
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729 days ago
General Mills Initiates FY23 Outlook; Boosts Qtly Dividend 6% - Update
While reporting financial results for the fourth quarter and fiscal 2022 on Wednesday, branded food company General Mills, Inc. (GIS) initiated constant-currency adjusted earnings per share and organic net sales growth guidance for the full-year 2023.
RTTNews
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903 days ago
