GIS News and Press, General Mills Inc. From 03/23/23

2023-03-23 11:52:03 ET General Mills, Inc. (GIS) Q3 2023 Results Conference Call March 23, 2023 09:00 AM ET Company Participants Jeff Siemon - Vice President, Investor Relations Jeff Harmening - Chairman and Chief Executive Officer Kofi Bruce - Chief Financial Of...

U.S. equity futures rose Thursday as the market tried to rebound from a steep selloff following the latest policy update from the Federal Reserve. Futures for the Dow Jones Industrials journeyed higher 42 points, or 0.1%, early Thursday to 32,300. Futures for the S&P 500 hiked 16.25 p...

2023-03-23 08:30:46 ET Stocks looked poised for a rebound in the early stages of Thursday's trading, bouncing back after a sharp slide late in the previous session. A 25-basis-point rate hike and continued anti-inflation rhetoric from the Federal Reserve put pressure on the major averages. ...

2023-03-23 07:31:38 ET General Mills ( NYSE: GIS ) traded higher early on Thursday after sliding past consensus marks with its FQ3 earnings report and lifting its guidance range. Total sales were up 13% for GIS during the quarter to $5.1B including a two-point headw...

2023-03-23 07:03:16 ET General Mills press release ( NYSE: GIS ): Q3 Non-GAAP EPS of $0.97 beats by $0.05 . Revenue of $5.13B (+13.0% Y/Y) beats by $160M . CEO comment: "With strong year-to-date performance and good visibility to the fourth quarter, we are once...

Net sales increased 13 percent from the prior year to $5.1 billion; organic net sales 1 were up 16 percent Operating profit declined 10 percent to $730 million; adjusted operating profit was up 20 percent in constant currency Diluted earnings per share (EPS) of $0.92 was down ...

2023-03-22 14:49:09 ET Summary Net sales should benefit from price increases, good demand, capacity expansion, and an increase in global footprint. Margins should benefit from price increases and productivity savings. Valuation is lower than the historical average. Inves...

2023-03-22 13:47:57 ET General Mills ( NYSE: GIS ) is scheduled to announce Q3 earnings results on Thursday, March 23rd, before market open. The consensus EPS Estimate is $0.92 (+9.5% Y/Y) and the consensus Revenue Estimate is $4.97B (+9.5% Y/Y). Over the last 2 years,...

2023-03-22 09:15:00 ET Dividend stocks can provide investors with some excellent recurring cash flow. The downside is that most of them pay a dividend every three months. That means cash isn't coming in every month. But there's a way around that -- by investing in at least three different d...

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