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)