General Mills (GIS) Q4 Earnings Top Despite Adverse Pricing

General Mills, Inc. (GIS) posted soft fourth-quarter fiscal 2024 results, as both the top and bottom lines declined year over year, and revenues missed the Zacks Consensus Estimate. Results were hurt by the adverse net price realization and mix.However, the company saw better volume performance in the second half of the fiscal and realized top-tier Holistic Margin Management (“HMM”) cost savings, enabling it to maintain brand investments while fulfilling profit and cash goals. In fiscal 2025, General Mills ...