Categories AlphaGraphs, Consumer, Earnings
General Mills (GIS) Q3 2023 Earnings: Key financials and quarterly highlights
General Mills, Inc. (NYSE: GIS) reported third quarter 2023 earnings results today.
Net sales increased 13% year-over-year to $5.1 billion. Organic sales increased 16%.
Net earnings attributable to General Mills declined 16% to $553 million and EPS was down 15% to $0.92 compared to last year. Adjusted EPS of $0.97 increased 17% in constant currency.
The company is raising its outlook for FY2023 and now expects organic net sales to increase 10-11%, compared to the previous expectation of approx. 10% growth. Adjusted EPS is now expected to increase 8-9% in constant currency, compared to the previous range of up 7-8%.
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
AAPL Earnings: Apple’s Q2 sales and profit beat estimates; iPhone sales down 10%
Apple Inc. (NASDAQ: AAPL) on Thursday reported better-than-expected profit and revenue for the second quarter of 2024. There was a 10% decrease in iPhone sales. The gadget giant reported revenues
Shopify (SHOP) is all set to report Q1 2024 results. Here’s what to expect
Over the years, Shopify Inc. (NYSE: SHOP) has steadily expanded its footprint in the online retail market through constant innovation, like the recent launch of a mobile POS device for
eBay (EBAY): A look at how the ecommerce company fared in Q1 2024
Shares of eBay Inc. (NASDAQ: EBAY) were down over 2% on Thursday. The company reported its earnings results for the first quarter of 2024 a day ago, with revenue and
