General Mills Inc (NYSE:GIS, XETRA:GRM), the maker of Cheerios and Pillsbury products, reported first-quarter sales that beat analyst expectations, as stronger demand for cereal and other products consumed at home supported sales. The Minneapolis-based food company posted net sales of $4.39 billion for the quarter ended August 30, ahead of the average analyst estimate of $4.35 billion compiled ...
The maker of Cheerios and Annie's macaroni and cheese saw fiscal first-quarter profit fall to $397 million, or 74 cents a share, from $1.2 billion, or $2.22 a share, a year ago.
General Mills beat first-quarter sales estimates on Wednesday, helped by improved demand for pantry staples and breakfast cereals as more consumers choose to eat at home over dining out.
MINNEAPOLIS--(BUSINESS WIRE)--General Mills, Inc. (NYSE: GIS) today reported results for its first quarter ended August 30, 2026. “We are off to an encouraging start in fiscal 2027, driving improved topline performance with stronger product innovation and renovation focused on the benefits consumers are looking for today,” said General Mills Chairman and Chief Executive Officer Jeff Harmening. ...
General Mills Inc (NYSE:GIS, XETRA:GRM) faces a test of its turnaround story when it reports first-quarter results on Wednesday, with UBS warning that weak consumption and rising input costs could keep sales growth out of reach and reiterating its 'Sell' rating on the shares. UBS is forecasting adjusted earnings per share of $0.72, in line with consensus estimates, but lowered its fiscal 2027 a...
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Presidents Donald Trump and Xi Jinping will meet Thursday to discuss a range of economic and geopolitical topics. We'll see data on manufacturing , services, and new homes, and earnings from KB Home and Paychex.