Categories AlphaGraphs, Consumer, Earnings
GIS Earnings: Highlights of General Mills’ Q4 2023 financial results
General Mills, Inc. (NYSE: GIS) reported a modest increase in sales for the fourth quarter of 2023 when the consumer food company’s adjusted earnings remained unchanged year-over-year.
Net sales moved up 3% annually to $5 billion in the May quarter. Organic sales were up 5%. A decline in international sales was more than offset by growth in other operating segments.
Net earnings attributable to General Mills was $614. 9 million or $1.03 per share, compared to $822.8 million or $1.35 per share in the year-ago quarter. Adjusted earnings per share remained unchanged at $1.12 per share during the three-month period.
“We delivered excellent results in fiscal 2023, including generating double-digit growth in organic net sales and constant-currency adjusted diluted EPS and exceeding $20 billion in annual net sales for the first time in our company’s history,” said General Mills’ chief executive officer Jeff Harmening.
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
CCL Earnings: Carnival Corp. Q4 2024 revenue rises 10%
Carnival Corporation & plc. (NYSE: CCL) Friday reported strong revenue growth for the fourth quarter of 2024. The cruise line operator reported a profit for Q4, compared to a loss
Key metrics from Nike’s (NKE) Q2 2025 earnings results
NIKE, Inc. (NYSE: NKE) reported total revenues of $12.4 billion for the second quarter of 2025, down 8% on a reported basis and down 9% on a currency-neutral basis. Net
FDX Earnings: FedEx Q2 2025 adjusted profit increases; revenue dips
Cargo giant FedEx Corporation (NYSE: FDX), which completed an organizational restructuring recently, announced financial results for the second quarter of 2025. Second-quarter earnings, excluding one-off items, were $4.05 per share,
