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Bullboard - Stock Discussion Forum General Mills Inc GIS

General Mills, Inc. is a global manufacturer and marketer of branded consumer foods with more than 100 brands in 100 countries across six continents. The Company's segments include North America Retail, International, North America Pet, and North America Foodservice. The North America Retail segment reflects business with a variety of grocery stores, mass merchandisers, membership stores... see more

NYSE:GIS - Post Discussion

General Mills Inc > πŸ»β€πŸ˜ˆπŸ€‘πŸ’²πŸ’°πŸ‘ General MillsΒ β€” Shares tumbled 4.4% after the
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Post by Active_Trader on Jun 28, 2023 1:56pm

πŸ»β€πŸ˜ˆπŸ€‘πŸ’²πŸ’°πŸ‘ General MillsΒ β€” Shares tumbled 4.4% after the

General Mills — Shares tumbled 4.4% after the maker of Betty Crocker mixes and Cheerios cereal turned in a mixed earnings report for its fiscal fourth quarter. The company exceeded Wall Street expectations on earnings, posting $1.12 in adjusted earnings per share against a consensus estimate of $1.07 from analysts polled by Refinitiv. But $5.03 billion in revenue missed analysts’ forecast of $5.17 billion. ... incoming sub $75, dramatically lower thereafter with other food co's. X CNBC today.
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