General Mills, Inc. (NYSE: GIS) reported first-quarter 2022 earnings results today.
Net sales increased by 4% year-over-year to $4.5 billion. Organic net sales were up 2%.
GAAP net income declined 2% to $627 million, or $1.02 per share, from last year.
Adjusted EPS dropped 2% to $0.99.
The cloud computing market witnessed accelerated growth in the last couple of years, as enterprises across the world shifted their digital assets to cloud for ensuring safety and enhancing data
Dollar Tree (DLTR) vs. Dollar General (DG): How did the third quarter turn out for these discount retailers?
In times of high inflation and economic uncertainty, consumers tend to turn to discount retailers in search of more value. The two leading discount retailers Dollar Tree Inc. (NASDAQ: DLTR)
The retail environment has witnessed many changes in customers’ shopping behavior lately, especially after the COVID outbreak. With inflation putting pressure on personal finances, there appears to be a new