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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.
14h
General Mills Inc. stock outperforms competitors despite losses on the day
Shares of General Mills Inc. GIS dropped 0.52% to $74.51 Friday, on what proved to be an all-around mixed trading session for ...
2d
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 ...
Meat
18h
Additional acquisitions on General Mills’ radar
On the food side, General Mills acquired TNT Crust (frozen pizza crust) in June 2022 (terms not disclosed) and Annie’s ...
2d
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 ...
1d
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 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 ...
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%.
2d
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 ...
Ag Funder News
1d
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
After ditching Yoplait, General Mills on the hunt for an acquisition
The Minnesota food giant wants to spend up to $2 billion for a “bolt-on” addition as it announces quarterly profits dropped ...
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