General Mills Faces Mixed Q1 Results: Earnings Win, Sales Drop, And Big Bets On 2025 Rebound
General Mills, Inc. (NYSE:GIS) shares are trading marginally lower on Wednesday. The company reported first-quarter adjusted earnings per share of $1.07 (down 2%), beating the street view of $1.06. Quarterly revenues of $4.
General Mills Beats Earnings Estimates. Why the Stock Is Trading Lower.
The maker of packaged foods reports adjusted earnings of $1.07 a share, beating Wall Street estimates by a penny.
General Mills: Q1 Earnings, A Report I Didn't Like
General Mills, a mature cash cow, generates over $20B in annual revenue. Read more to see why I have a neutral stance on GIS stock.
MillerKnoll Shares Tumble on Disappointing 1Q, Weak 2Q Profit Guidance
MillerKnoll shares fell on Friday after the company reported a swing to a first-quarter loss and set a disappointing profit target for the second quarter. Shares in premarket trading were down 5% at $26.
MillerKnoll: Fiscal Q1 Earnings Snapshot
For the current quarter ending in November, MillerKnoll expects its per-share earnings to range from 51 cents to 57 cents. The company said it expects revenue in the range of $950 million to $990 million for the fiscal second quarter.
MillerKnoll Q1 Earnings and Sales Miss Estimates, Stock Dips
MillerKnoll, Inc. MLKN reported disappointing first-quarter fiscal 2025 (ended Aug. 31, 2024) results, wherein adjusted earnings and net sales missed the Zacks Consensus Estimate and declined year over year.
MillerKnoll, Inc. (MLKN) Q1 2025 Earnings Call Transcript
Q1 2025 Earnings Conference Call September 19, 2024 5:00 PM ETCompany ParticipantsJeff Stutz - Chief Financial
MillerKnoll (MLKN) Q1 Earnings and Revenues Lag Estimates
MillerKnoll (MLKN) came out with quarterly earnings of $0.36 per share, missing the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $0.37 per share a year ago. These figures are adjusted for non-recurring items.
Barclays Reaffirms Their Hold Rating on General Mills (GIS)
Barclays analyst Andrew Lazar maintained a Hold rating on General Mills (GIS – Research Report) today and set a price target of $74.00.
General Mills’ profit falls 14% on inflation woes, margin pressure
General Mills Inc.’s stock rose Wednesday after the packaged-food giant beat Wall Street estimates for adjusted profit and ...
General Mills seeks new ‘bite-sized’ brand
General Mills announced last week it will sell its North American yogurt business, including Yoplait and Go-Gurt, for $2.1 ...
General Mills trades lower after reporting FQ1 organic sales decline
General Mills (GIS) reported mixed results for FQ1, with revenue down 1% and adjusted operating profit down 4%.
Why General Mills, Inc. (NYSE:GIS) Looks Like A Quality Company
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article ...
Ag Funder News1d
General Mills and Ahold Delhaize team up to transition 70,000 acres to regenerative agriculture
General Mills and Ahold Delhaize USA will transition 70,000 acres within their shared supply chain to regenerative ...
General Mills Reports Decline in Profits Amid 'Uncertain' Consumer Backdrop
Breakfast and snack food giant General Mills reported lower sales and profits compared to the same quarter a year ago, as ...
General Mills posts smaller drop in quarterly sales than expected
General Mills posted a smaller-than-expected drop in quarterly sales on Wednesday, benefiting from improved demand as the ...
Meat2h
Additional acquisitions on General Mills’ radar
On the food side, General Mills acquired TNT Crust (frozen pizza crust) in June 2022 (terms not disclosed) and Annie’s ...
After ditching Yoplait, General Mills on the hunt for an acquisition
The Minnesota food giant wants to spend up to $2 billion for a “bolt-on” addition as it announces quarterly profits dropped ...