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GIS Earnings: Key quarterly highlights from General Mills’ Q1 financial results

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.

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