General Mills Inc. (NYSE: GIS) reported fourth quarter 2022 earnings results today. Net sales increased 8% year-over-year to $4.9 billion. Organic net sales rose 13%. Net earnings attributable to General Millsrose 97% to $823 million, or $1.35 per share. Adjusted EPS increased 23% in constant currency to $1.12. For FY2023, organic net salesare expected to […]
“General Mills Inc. (NYSE: GIS) reported fourth quarter 2022 earnings results today. Net sales increased 8% year-over-year to $4.9 billion. Organic net sales rose 13%. Net earnings attributable to General Millsrose 97% to $823 million, or $1.35 per share. Adjusted EPS increased 23% in constant currency to $1.12. For FY2023, organic net salesare expected to […]
· June 29, 2022
General Mills Inc. (NYSE: GIS) reported fourth quarter 2022 earnings results today.
Net sales increased 8% year-over-year to $4.9 billion. Organic net sales rose 13%.
Net earnings attributable to General Millsrose 97% to $823 million, or $1.35 per share. Adjusted EPS increased 23% in constant currency to $1.12.
For FY2023, organic net salesare expected to increase 4-5% while adjusted diluted EPS are expected to range between flat and up 3% in constant currency from the base of $3.94 earned in FY2022.
