Reports Q4 revenue $5.03B, consensus $5.17B. Adjusted operating profit of $889M effectively matched year-ago levels in constant currency. “We delivered excellent results in fiscal 2023, including generating double-digit growth in organic net sales and constant-currency adjusted diluted EPS and exceeding $20 billion in annual net sales for the first time in our company’s history,” said General Mills Chairman and Chief Executive Officer Jeff Harmening. “Led by our Accelerate strategy, our team successfully navigated a highly dynamic operating environment with agility, focus, and resilience.”
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on GIS:
- Is General Mills’ (NYSE:GIS) Organic Sales Growth Outlook Too Optimistic?
- General Mills Drops after Q4 Topline Disappoints; Ups Dividend By 9%
- Notable companies reporting before tomorrow’s open
- GIS Earnings this Week: How Will it Perform?
- Kellogg upgraded to Market Perform from Underperform at Bernstein
