General Mills sees FY24 adjusted EPS up 4%-5%, consensus $4.67

Sees FY24 organic net sales down 1% to flat. Sees FY24 free cash flow conversion 95% of adjusted after-tax earnings. The company said, “The net impact of divestitures and foreign currency exchange is expected to have an immaterial impact on full-year reported net sales growth, and foreign currency exchange is expected to have an immaterial impact on adjusted operating profit and adjusted diluted EPS growth.”