GIS - Why Pillsbury Maker General Mills Shares Are Shooting Higher Today | Benzinga
General Mills, Inc. (NYSE:GIS) shares are trading higher after the company reported a third-quarter FY24 sales decline of 1% year-on-year to $5.099 billion, beating the analyst consensus estimate of $4.962 billion.
Organic net sales decreased 1% and grew 7% on a 2-year compound growth basis.
North America Retail segment sales remained flat Y/Y at $3.2 billion. Pet segment sales declined 3% to $624 million, while International segment sales fell 3% to $680 million.
Adjusted ...