General Mills, Inc. (NYSE: GIS) reported fourth quarter 2021 earnings results today.
Net sales fell 10% year-over-year to $4.5 billion. Organic net sales were down 6%.
GAAP net income declined 33% to $417 million, or $0.68 per share, from last year. Adjusted EPS dropped 19% to $0.91.
Organic net sales are expected to decline 1-3% in fiscal year 2022. Constant-currency adjusted EPS is expected to range between flat and down 2% from the base of $3.79 earned in FY2021.
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Shares of the Walt Disney Company (NYSE: DIS) have been rallying since the entertainment leader delivered strong results for its third quarter of 2022 a day ago. The stock was
Kohl’s Corporation (NYSE: KSS) has been on investors' radar ever since the retailer put itself up for sale earlier this year, after coming under pressure from activist investors. Putting an
Entertainment behemoth The Walt Disney Company (NYSE: DIS) on Wednesday reported higher revenues and earnings for the third quarter of 2022. The results also topped expectations. Third-quarter revenues of the Los