General Mills (NYSE: GIS) reported fourth quarter 2020 earnings results today.
Net sales increased 21% to $5 billion while organic net sales grew 16%, mainly due to a significant increase in at-home food demand driven by the COVID-19 pandemic.
Net earnings attributable to General Mills totaled $626 million, up 10% from the year-ago period.
Diluted EPS rose 9% to $1.02. Adjusted diluted EPS was $1.10, up 33% from the prior year in constant currency, mainly reflecting higher adjusted operating profit and after-tax earnings from joint ventures, as well as a lower tax rate.
Past Performance
Most Popular
Intensity Therapeutics is establishing a new field of localized cancer reduction: CEO
Intensity Therapeutics, Inc. (NASDAQ: INTS) is a clinical biotechnology company engaged in the discovery development, and commercialization of first-in-class cancer drugs that attenuate tumors with minimal side effects while training
INTU Earnings: Intuit Q1 2025 adj. profit rises on higher revenues
Financial technology company Intuit Inc. (NASDAQ: INTU) Thursday announced results for the first quarter of 2025, reporting a modest increase in adjusted earnings. The Mountain View-headquartered company’s first-quarter revenue came
Riding the AI wave, Nvidia looks set to stay on the high-growth path
After delivering strong results for the third quarter, Nvidia Corporation (NASDAQ: NVDA) this week said the launch of its new-generation Blackwell chip is on track. The company is thriving on