General Mills, Inc. (GIS) posted first-quarter fiscal 2025 results, wherein the top and bottom lines came ahead of the Zacks Consensus Estimate, while both metrics declined year over year. Results were hurt by the adverse net price realization and mix.General Mills’ primary focus for fiscal 2025 is on fueling organic net sales growth, and the company progressed well toward that goal in the first quarter. GIS solidified its core by providing consumers with more exceptional experiences, resulting in improved ...

| --- | --- | --- | --- | --- | --- | --- | |-------|-------|-------|-------|-------|--------------------------------------------|-------| | | | | | | | | | | | | | | | | | | | | | | Fiscal 2025 Q1 Earnings September 18, 2024 | | | | | | | | | | General Mills First-quarter Fiscal 2025 1 A Reminder on Forward-looking Statements This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are based on management's current expectations an ...

General Mills, Inc. (NYSE:GIS) Q1 2025 Earnings Call Transcript September 18, 2024 9:00 AM ET Company Participants Jeff Siemon - VP of IR and Treasurer Jeffrey Harmening - Chairman and CEO Kofi Bruce - CFO Conference Call Participants Matt Smith - Stifel Andrew Lazar - Barclays Michael Lavery - Piper Sandler Max Gumport - BNP Paribas Rob Dickerson - Jefferies Bryan Spillane - Bank of America Leah Jordan - Goldman Sachs Robert Moskow - TD Cowen John Baumgartner - Mizuho Securities Operator Good morning and w ...

General Mills (GIS) reported $4.85 billion in revenue for the quarter ended August 2024, representing a year-over-year decline of 1.2%. EPS of $1.07 for the same period compares to $1.09 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $4.78 billion, representing a surprise of +1.42%. The company delivered an EPS surprise of +1.90%, with the consensus EPS estimate being $1.05.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Stre ...

General Mills (GIS) came out with quarterly earnings of $1.07 per share, beating the Zacks Consensus Estimate of $1.05 per share. This compares to earnings of $1.09 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.90%. A quarter ago, it was expected that this maker of Cheerios cereal, Yoplait yogurt and other packaged foods would post earnings of $0.99 per share when it actually produced earnings of $1.01, delivering a surpri ...

Exhibit 99 FOR IMMEDIATE RELEASE September 18, 2024 General Mills Reports Fiscal 2025 First-quarter Results • Net sales of $4.8 billion were down 1 percent; organic net sales also declined 1 percent • Operating profit of $832 million was down 11 percent; adjusted operating profit of $865 million was down 4 percent in constant currency • Diluted earnings per share (EPS) of $1.03 was down 10 percent; adjusted diluted EPS of $1.07 was down 2 percent in constant currency • Company reaffirms full-year fiscal 202 ...

Analysts on Wall Street project that General Mills (GIS) will announce quarterly earnings of $1.05 per share in its forthcoming report, representing a decline of 3.7% year over year. Revenues are projected to reach $4.78 billion, declining 2.5% from the same quarter last year.Over the last 30 days, there has been a downward revision of 0.1% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts ...

General Mills (GIS) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended August 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on September 1 ...

General Mills, Inc. (NYSE:GIS) Barclays Global Consumer Staples Conference September 5, 2024 12:45 PM ET Company Participants Jeff Harmening - CEO Dana McNabb - Group President, North America Retail Conference Call Participants Andrew Lazar - Barclays Andrew Lazar Welcome back, everybody, and good afternoon. So, we're here with our fireside conversation with General Mills. With us today are CEO, Jeff Harmening, and Dana McNabb, Group President, North America Retail. Also with the team is CFO, Kofi Bruce; an ...

When a bear market occurs, it’s not impossible to find places to preserve or even grow wealth in the stock market. Some companies naturally have aspects of their business that allow them to perform well when it feels like all the market wants to do is fall. We’ll look at three stocks that have historically been able to do this.Specifically, these stocks outperformed the S&P 500’s return in 2008 and 2022, the two worst calendar year bear markets seen in recent history. In those years, the index’s total retur ...