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 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 Cheerios maker cut prices for some of its products.
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 lower prices and higher costs weighed on the company's margins.
General Mills Reports Fiscal 2025 First-quarter Results
MINNEAPOLIS, September 18, 2024 -- ( BUSINESS WIRE )--General Mills, Inc. (NYSE: GIS) today reported results for the first quarter ended August 25, 2024.
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 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 earnings, sales fall in Q1, but sees progress
General Mills Inc. posted better-than-expected earnings in its first fiscal quarter and said efforts to reverse a slide in revenue were showing progress.
General Mills to Sell Its Yogurt Brands in $2 Billion Deal
General Mills will sell its North America yogurt business to French dairy firms Groupe Lactalis and Sodiaal in a $2.1 billion ...
FoodBusinessNews18h
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 to Sell North American Yogurt Business for $2.1 Billion
General Mills said it agreed to sell its North American yogurt business, including its Yoplait brand, to two French dairy ...
WJET Erie on MSN6d
General Mills to sell its North American Yogurt business
In a press release, General Mills announced that it would be selling its North American Yogurt business, which includes ...
Reuters7d
General Mills sells North America yogurt operations in $2 billion deal
Sept 12 - General Mills (GIS.N), opens new tab will sell its North America yogurt business to French dairy firms Groupe Lactalis and Sodiaal in a $2.1 billion deal, the Cheerios maker said on ...
Yahoo Finance1d
General Mills sees at-home consumption rebounding after price cuts
Recommended Reading General Mills to sell North American yogurt business for $ ... Earlier this month, the company ...
Food Processing7d
General Mills Sells Its Yogurt Business in Two Pieces, to Lactalis and Sodiall
The U.S. business goes to Lactalis and the Canadian business to Sodiall – the French dairy cooperative Big G bought it from 47 years ago. Price for both pieces is $2.1 ...
Food Dive7d
General Mills to sell North American yogurt business for $2.1B
The divestiture, which includes brands such as Yoplait and Go-Gurt, will allow the food giant to focus on faster-growing areas such as snacks and pet food.
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.