General Mills(GIS) - 2024 Q3 - Quarterly Results

Exhibit 99 FOR IMMEDIATE RELEASE Mar. 20, 2024 General Mills Reports Fiscal 2024 Third-quarter Results • Net sales of $5.1 billion were down 1 percent in the third quarter and organic net sales1 were also down 1 percent; on a 2-year compound growth basis, net sales were up 6 percent and organic net sales were up 7 percent • Operating profit of $911 million was up 25 percent; adjusted operating profit of $914 million increased 14 percent in constant currency • Diluted earnings per share (EPS) of $1.17 were u ...