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
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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10Lun
@GoDividend thank you !
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