GIS Q1 Earnings Top, Organic Sales Dip on Unfavorable Pricing [Yahoo! Finance]
General Mills, Inc. (GIS)
Last general mills, inc. earnings: 3/18 07:00 am
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Source: Yahoo! Finance
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 volume, net sales and market share trends sequentially. The company also took a bold step in reshaping its portfolio with the proposed sale of its North American Yogurt business. General Mills aims to enhance its competitiveness and regain leadership in category growth. The company plans to achieve this by delivering superior product innovation, backed by increased investments funded by strong savings from its Holistic Margin Management (“HMM”) efforts. Given these plans and the
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News
- Why General Mills, Inc. (NYSE:GIS) Looks Like A Quality Company [Yahoo! Finance]Yahoo! Finance
- General Mills, Inc. (NYSE: GIS) had its price target raised by analysts at Stifel Nicolaus from $70.00 to $82.00. They now have a "buy" rating on the stock.MarketBeat
- General Mills, Inc. (NYSE: GIS) had its "sector perform" rating re-affirmed by analysts at Royal Bank of Canada. They now have a $70.00 price target on the stock.MarketBeat
- General Mills, Inc. (NYSE: GIS) had its price target raised by analysts at Piper Sandler from $74.00 to $84.00. They now have an "overweight" rating on the stock.MarketBeat
- Company News for Sep 19, 2024 [Yahoo! Finance]Yahoo! Finance
GIS
Earnings
- 9/18/24 - Beat
GIS
Sec Filings
- 9/18/24 - Form 10-Q
- 9/18/24 - Form 8-K
- 9/17/24 - Form 8-K
- GIS's page on the SEC website