Categories AlphaGraphs, Consumer, Earnings
GIS Earnings: All you need to know about General Mills’ Q2 2023 earnings results
General Mills, Inc. (NYSE: GIS) reported second quarter 2023 earnings results today.
Net sales increased 4% year-over-year to $5.2 billion. Organic net sales increased 11%.
Net earnings attributable to General Mills increased 1% to $606 million and EPS rose 4% to $1.01 compared to the year-ago quarter. Adjusted EPS of $1.10 was up 12% YoY.
Both revenue and adjusted EPS beat market expectations.
The company raised its outlook for fiscal year 2023. Organic net sales are now expected to increase 8-9%, compared to the previous expectation of 6-7% growth. Adjusted EPS is now expected to increase 4-6% in constant currency, compared to the previous range of up 2-5% in constant currency.
Prior performance
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
Infographic: How Deere & Company (DE) performed in Q2 2024
Deere & Company (NYSE: DE) reported second quarter 2024 earnings results today. Total net sales and revenues decreased 12% year-over-year to $15.2 billion. Net income was $2.37 billion, or $8.53
WMT Earnings: Key quarterly highlights from Walmart’s Q1 2025 financial results
Walmart Inc. (NYSE: WMT) reported its first quarter 2025 earnings results today. Consolidated revenue increased 6% year-over-year to $161.5 billion. Revenue growth on a constant currency basis was 5.8%. Consolidated
Home Depot (HD): A look at how the home improvement retailer fared in Q1 2024
Shares of Home Depot (NYSE: HD) rose over 2% on Wednesday. The stock has gained 19% over the past 12 months. The company delivered mixed results for the first quarter
