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General Mills Stock Rises After Earnings Beat, Affirmed Guidance
GISGeneral Mills(GIS) Investopedia·2024-03-20 17:51

Key TakeawaysShares of breakfast and snack food giant General Mills Inc. rose Wednesday as its third-quarter earnings report beat estimates.Adjusted net income and earnings per share beat analyst expectations, while the company took a smaller-than-anticipated hit to its net sales compared with the prior-year quarter.General Mills affirmed the full-year guidance it previously lowered when it released its second-quarter earnings in December. General Mills Inc. (GIS) shares rose Wednesday as the breakfast and ...