General Mills Narrowly Beats Earnings and Sales Estimates

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 97%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

The cereal maker posts fiscal first-quarter adjusted earnings of $1.09 a share, above Wall Street estimates of $1.08.

General Mills reported fiscal first-quarter earnings and sales that slightly beat analysts’ estimates and reiterated fiscal-year guidance.

Net sales for the maker of Cheerios and other breakfast cereals, Betty Crocker, and Yoplait yogurt, which also makes such were $4.9 billion, jumping from the year prior and higher than the $4.88 billion analysts expected, according to FactSet.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines