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TSLA All-Time High, FTNT Downgrade, GIS Earnings
Youtube· 2025-12-17 15:00
Joining me right now for some of the other movers to look at here, Diane King Hall is with us. And we'll start off with General Mills, the earnings there. And good morning to you, Dian. Good morning to you.Uh when I looked at the numbers today from General Mills, I asked the question, are people eating cereal again. And it looks like it based on the numbers. The growth not necessarily in North America, but it did beat expectations on both the top and bottom line.Uh earnings coming in at a buck 10 per share ...
General Mills(GIS) - 2026 Q1 - Earnings Call Presentation
2025-09-17 13:00
Financial Performance - General Mills' Q1 Fiscal Year 2026 net sales reached $4518 million, a decrease of 7% compared to the previous year[82] - Organic net sales decreased by 3%[82] - Adjusted operating profit was $711 million, an 18% decrease[82] - Adjusted diluted EPS was $0.86, a 20% decrease[82] - The company reaffirms its full-year fiscal 2026 outlook, expecting organic net sales growth between -1% and +1%, adjusted operating profit growth between -15% and -10%, and adjusted diluted EPS growth between -15% and -10%[10, 77] Segment Performance - North America Retail organic net sales decreased by 5%[88] - North America Pet organic net sales decreased by 5%[91] - North America Foodservice organic net sales increased by 1%[93] - International organic net sales increased by 4%[95] Strategic Initiatives - The company is focused on restoring volume-driven organic sales growth[8, 116] - General Mills aims to return North America Retail to volume growth by investing in remarkable experiences to strengthen pound share and household penetration[20] - The company intends to accelerate N A Pet growth with an expanded portfolio, growing Core Blue Buffalo and driving category expansion opportunities[21, 22] - General Mills is driving efficiencies to reinvest in growth, delivering best-in-class HMM cost savings and executing a global transformation initiative[24]