Jan (@Jan-Luca) on getquin

Jan

@Jan-Luca

11Mon·

Posting a new item today. I find the GM very interesting and today I got it at a good price.

Let's see what happens.

20.12

General Mills

Bought x11.62 at €58.68

€681.88

4 Comments

Dividende > Zinsen@GoDividend

11Mon

Corrected outlook for 2024 for the first time

General Mills announces its second quarter results for the 2024 financial year and updates its outlook for the full year
December 20, 2023
Net sales of $5.1 billion decreased 2 percent in the second quarter, and organic net sales 1 also decreased 2 percent; on a two-year total growth basis, net sales increased 1 percent and organic net sales increased 4 percent
Operating profit increased 2 percent to $812 million; Adjusted operating profit of $989 million increased 13 percent on a constant currency basis
Diluted earnings per share (EPS) of $1.02 increased 1 percent; adjusted diluted EPS of $1.25 increased 14 percent in constant currency
Company updates full-year 2024 outlook to reflect expectations of slower volume recovery and greater cost savings from Holistic Margin Management (HMM)

https://investors.generalmills.com/press-releases/press-release-details/2023/General-Mills-Reports-Fiscal-2024-Second-quarter-Results-and-Updates-Full-year-Outlook/default.aspx

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Smudo@Smudeo

11Mon

What is the reason for today's 2.5% price loss? I am also puzzled by the 12-month drop from Eur 83 to Eur 58. Minus 25 Eur -30%

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