Categories AlphaGraphs, Consumer

GIS Earnings: Key quarterly highlights from General Mills’ Q4 financial results

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.  

Prior performance

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

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HAS Earnings: Key quarterly highlights from Hasbro Q2 2021 financial results

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Earnings calendar for the week of July 26

After showing weakness at the beginning of the week, benchmark stock indexes made steady gains even as economic recovery gathered steam. On Friday, the S&P 500 index crossed the 4,400-mark

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