General Mills, Inc.

NYSE:GIS   1:00:42 PM EDT
-0.82 (-1.32%)
Earnings Announcements

General Mills Reports Fiscal 2022 First-Quarter Results

Published: 09/22/2021 11:44 GMT
General Mills, Inc. (GIS) - General Mills Reports Fiscal 2022 First-quarter Results.
Q1 Adjusted Earnings per Share $0.99.
Q1 Earnings per Share $1.02.
Q1 Sales $4.5 Billion Versus Refinitiv Ibes Estimate of $4.29 Billion.
Q1 Earnings per Share Estimate $0.89 -- Refinitiv Ibes Data (analyst estimates).company Reaffirms Full-year Fiscal 2022 Outlook.
General Mills - Expects Changes in Consumer Behaviors Driven by Covid-19 Pandemic Will Result in Ongoing Elevated Consumer Demand for Food at Home.
First-quarter Net Sales for Convenience Stores & Foodservice Segment Increased 23 Percent to $482 Million.
General Mills - Increase in Pet Population and Humanization and Premiumization of Pet Food During Pandemic Expected to Create Tailwinds.
First-quarter Net Sales for Pet Segment Increased 25 Percent to $488 Million.
First-quarter Net Sales for General Mills' North America Retail Segment Declined 3 Percent to $2.64 Billion.
Revenue is expected to be $4.8 Billion
Adjusted EPS is expected to be $1.04

Next Quarter Revenue Guidance is expected to be $4.47 Billion
Next Quarter EPS Guidance is expected to be $0.86

More details on our Analysts Page.