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.
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