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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 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 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 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 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.
1d
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 ...
1d
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 ...
5h
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 ...
Ag Funder News
21h
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 ...
2d
on MSN
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%.
15h
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 ...
FoodBusinessNews
23h
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 ...
59m
Why General Mills, Inc. (NYSE:GIS) Looks Like A Quality Company
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article ...
1d
General Mills: A Strong Buy on Robust Recovery and Long-Term Growth Potential
Goldman Sachs analyst Leah Jordan reiterated a Buy rating on General Mills (GIS – Research Report) today and set a price target of ...
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