ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
66.525
-0.155
( -0.23% )
Updated: 14:12:04

Calls

StrikeBid PriceAsk PriceLast PriceMidpointChangeChange %VolumeOPEN INTLast Trade
59.005.809.300.007.550.000.00 %00-
60.004.708.600.006.650.000.00 %00-
61.004.607.500.006.050.000.00 %00-
62.002.756.700.004.7250.000.00 %00-
63.001.855.300.003.5750.000.00 %00-
64.002.553.200.002.8750.000.00 %00-
64.502.052.200.002.1250.000.00 %00-
65.001.351.751.681.550.000.00 %05-
65.501.201.351.301.275-0.77-37.20 %28211:09:37
66.000.800.951.170.8750.1717.00 %64209:43:04
67.000.300.400.430.35-0.02-4.44 %264512:51:07
68.000.050.150.100.10-0.07-41.18 %343211:49:46
69.000.050.050.050.050.000.00 %051-
70.000.050.100.050.0750.000.00 %212310:08:56
71.000.050.050.050.050.000.00 %121610:46:52
72.000.050.100.050.0750.000.00 %0271-
73.000.040.050.040.0450.000.00 %061-
74.000.032.150.031.090.000.00 %035-
75.000.121.350.120.7350.000.00 %017-
76.000.210.050.210.130.000.00 %011-

Your Hub for Real-Time streaming quotes, Ideas and Live Discussions

Puts

StrikeBid PriceAsk PriceLast PriceMidpointChangeChange %VolumeOPEN INTLast Trade
59.000.000.100.000.000.000.00 %00-
60.000.010.050.010.030.000.00 %0102-
61.000.050.050.050.050.000.00 %014-
62.000.050.150.050.100.000.00 %017-
63.000.050.150.050.100.000.00 %09-
64.000.050.100.100.0750.000.00 %01-
64.500.050.100.100.0750.000.00 %01-
65.000.050.150.200.100.0317.65 %168510:16:11
65.500.150.200.150.175-0.05-25.00 %762612:34:56
66.000.250.350.250.30-0.09-26.47 %1206313:56:14
67.000.700.850.750.775-0.12-13.79 %65310:59:37
68.001.501.651.551.5750.000.00 %0326-
69.002.402.602.052.500.000.00 %0149-
70.003.103.903.203.50-0.12-3.61 %3044712:24:52
71.003.204.604.103.900.000.00 %0309-
72.003.307.304.035.300.000.00 %05-
73.004.308.301.656.300.000.00 %01-
74.005.308.900.007.100.000.00 %00-
75.006.3010.304.118.300.000.00 %04-
76.007.3011.300.009.300.000.00 %00-

Market Movers

View all
  • Most Active
  • % Gainers
  • % Losers
SymbolPriceVol.
ONCOOnconetix Inc
$ 0.3989
(143.38%)
95.74M
LUCYInnovative Eyewear Inc
$ 0.8361
(103.93%)
488.83M
BNAIBrand Engagement Network Inc
$ 2.30
(81.10%)
101.28M
ASTSAST SpaceMobile Inc
$ 8.265
(55.07%)
79.81M
SNOASonoma Pharmaceuticals Inc
$ 0.2831
(39.60%)
38.17M
FFIEFaraday Future Intelligent Electric Inc
$ 0.6564
(-43.90%)
255.48M
SHOTWSafety Shot Inc
$ 0.15
(-28.57%)
3.01k
GWAVGreenwave Technology Solutions Inc
$ 0.0569
(-27.61%)
342.35M
SOBRSOBR Safe Inc
$ 0.31
(-27.01%)
7.88M
RNAZTransCode Therapeutics Inc
$ 1.4199
(-26.81%)
2.22M
LUCYInnovative Eyewear Inc
$ 0.83
(102.44%)
488.93M
GWAVGreenwave Technology Solutions Inc
$ 0.0569
(-27.61%)
345.15M
FFIEFaraday Future Intelligent Electric Inc
$ 0.6587
(-43.70%)
255.51M
RSLSReShape Lifesciences Inc
$ 0.2772
(33.40%)
192.61M
AALAmerican Airlines Group Inc
$ 11.481
(-14.58%)
121.29M

GIS Discussion

View Posts
barnyarddog barnyarddog 2 months ago
20 Biggest Snack Companies in the World

March 14, 2024
https://www.insidermonkey.com/blog/20-biggest-snack-companies-in-the-world-1274317/
7. General Mills, Inc. (NYSE:GIS)

Market Capitalization: $37.5 billion

As one of the largest snack companies globally, General Mills, Inc. (NYSE:GIS) promotes several popular North American brands, such as Gold Medal flour, Annie’s Homegrown, Lärabar, Cascadian Farm, Betty Crocker, Yoplait, Nature Valley, Totino’s, Pillsbury, Old El Paso, and Häagen-Dazs.

General Mills, Inc. (NYSE:GIS) adjusted operating profit rose by 13%, reaching $989 million in constant currency, attributed to increased adjusted gross profit and decreased compensation and benefits expenses. The adjusted operating profit margin also improved by 240 basis points, reaching 19.3%.
👍️0
Soco54 Soco54 8 months ago
It was definitely overbought when spiking into the mid $80 per share range. I was hoping for a pullback but imo this could go into the high $50 range.
👍️0
pepeoil pepeoil 9 months ago
Does the bleeding ever stop here? Damn, come on gis
👍️0
pepeoil pepeoil 1 year ago
Our this bish in your retirement account, set it and forget it
👍️0
peterquinnvet peterquinnvet 2 years ago
11:26 a.m. ET: General Mills notches best 2-day gain on better-than-expected earnings

Shares of General Mills (GIS) rose for a second straight day after the food giant reported better-than-expected earnings results and full-year guidance on Wednesday.

The company lifted forecasts on its full-year core sales and profit thanks to a boost from higher prices and strong demand for cereals, snack bars and pet food.

“More important than the 3Q beat, in our view, was the company raising its full-year outlook (beyond what was expected exiting 2Q),” Deutsche Bank analyst Steve Powers said in a note.

General Mills stock was up 2.65% to $65.93 per share as of 11:24 a.m. ET after climbing as much as 6% in early trading.

Source: https://finance.yahoo.com/news/stock-market-news-live-updates-march-24-2022-223153836.html
👍️0
nowwhat2 nowwhat2 2 years ago
Wall Streets' tricksters are really great......Will this gap get filled (1st day of trading 2022) ?

https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=gis&x=0&y=0&time=4&startdate=2%2F6%2F2020&enddate=1%2F13%2F2022&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=9


Dec. 23



PS - Nice calling of this stock - Your October selloff call and your january low




👍️0
Bountiful_Harvest Bountiful_Harvest 3 years ago
Food Prices Reach 10-Year High

https://justthenews.com/nation/states/food-prices-reach-highest-level-decade
👍️0
Lowjack Lowjack 3 years ago
7X EPS is most you should pay for this!

1 year comps going down in some metrics is a tell that they will most likely have to eat any inflation they encounter. If they try to pass it on, product will start to sit on shelves!
👍️0
nowwhat2 nowwhat2 3 years ago
Last post 2 months ago but......They're Great !......





👍️0
Soco54 Soco54 3 years ago
“General Mills’ most recent quarterly results showed 14% volume growth YOY for the pet food business. The segment continues to lead in terms of growth for General Mills.

Last month, the company announced that it’s buying Tyson Foods’ pet treat business for a net consideration of $975 million. This should bolster General Mills’ competitive position in the pet food sector and position it for further growth.”

https://finance.yahoo.com/news/3-pet-stocks-growth-dividends-152605411.html
👍️0
Porterhouse10 Porterhouse10 3 years ago
Adding, better than the Bank, and folks gotta EAT!
👍️0
Porterhouse10 Porterhouse10 3 years ago
Yep bought Friday an add to the Roth, any low 50's if it goes there will be bought as well.
👍️0
Nebuchadnezzar Nebuchadnezzar 3 years ago
Best time to add then. Boring stock but easy money plus dividends and selling calls
👍️0
Porterhouse10 Porterhouse10 3 years ago
Its selling off now
👍️0
Nebuchadnezzar Nebuchadnezzar 4 years ago
super safe stock, wish it would sell off so i can add at lower price
👍️0
jeffp123 jeffp123 4 years ago
Green company of the year!

https://emerginggrowth.com/itronics-inc-itro-nevada-grown-internationally-recognized-20-years-of-award-winning-zero-waste-clean-materials-technology/
👍️0
fuzzy fuzzy 4 years ago
General Mills (GIS) Stock Nears Fresh High on Bull Note
By: Schaeffer's Investment Research | April 15, 2020

• Piper Sandler upgraded General Mills to "overweight" from "neutral"
• Piper Sandler said General Mills is well positioned to outperform in the current market

Packaged food producer General Mills, Inc. (NYSE:GIS) is up 1% at $59.41 after Piper Sandler upgraded the equity to "overweight" from "neutral" and lifted its price target to $67 from $59. The analyst said General Mills' recent retail trends and limited exposure to the foodservice space indicates that it is well positioned to outperform in the current market.

The pop puts GIS at a one-month high, which is just a chip shot from its two-year peak of $60. Looking back, the equity has enjoyed recent support at its 10-day moving average, which helped guide GIS away from its late-March plummet near the $47 region. Since then, GIS is up roughly 25%, and boasts a 10% year-to-date gain.

The majority of the brokerage bunch still isn't sold on General Mills. Of the 12 covering the cereal specialist, only two call it a "strong buy" while the rest say "hold." Adding to this, the consensus 12-month price target of $58.88 is right in line with last night's close.
👍️0
fuzzy fuzzy 5 years ago
June 26 (Reuters) - General Mills Inc on Wednesday reported quarterly sales below Wall Street estimates, hurt by lower demand for its snacks in North America.
Net earnings attributable to the company rose to $570.2 million, or 94 cents per share, in the fourth quarter ended May 26, from $354.4 million, or 59 cents per share, a year earlier.
Net sales rose 6.9% to $4.16 billion, below the average analyst estimate of $4.24 billion, according to Refinitiv IBES data.
The boost in quarterly sales came from its acquisition of pet foods company Blue Buffalo last year.
👍️0
fuzzy fuzzy 5 years ago
MINNEAPOLIS, March 20, 2019 /PRNewswire/ -- General Mills (NYSE: GIS) today reported results for the third quarter ended February 24, 2019. Financial results for the third quarter and first nine months of fiscal 2019 include contributions from Blue Buffalo Pet Products, Inc. ("Blue Buffalo"), which was acquired on April 24, 2018.
"We had a strong third quarter, with positive organic sales growth and significant operating margin expansion," said General Mills Chairman and Chief Executive Officer Jeff Harmening. "Our year-to-date performance and fourth-quarter plans give us confidence that we will meet or exceed all of our key fiscal 2019 targets. For the full year, we now expect adjusted diluted EPS and free cash flow conversion will exceed our initial targets, net sales will finish toward the lower end of our guidance range, and adjusted operating profit will finish toward the higher end of the range. Our improved execution and strengthened performance this year reinforce our view that a balanced approach to top and bottom-line growth, centered on our Consumer First strategy, will drive long-term value for our shareholders."
👍️0
Cburg Cburg 5 years ago
Nobody wants glyphosate cereal!
👍️0
leftovers leftovers 5 years ago
GIS looking strong today! Nice move over the last month...
👍️0
whytestocks whytestocks 5 years ago
News: $GIS General Mills Recognized as Global Leader in Corporate Sustainability

MINNEAPOLIS , Jan. 22, 2019 /PRNewswire/ --  Today, General Mills announced it has been recognized as a global leader in corporate sustainability by environmental impact non-profit CDP (formerly the Carbon Disclosure Project) achieving a place on the CDP 'A List' for both climate ch...

Find out more https://marketwirenews.com/news-releases/general-mills-recognized-as-global-leader-in-corporate-sustainability-7438568.html
👍️0
leftovers leftovers 5 years ago
Nice week for GIS!
👍️0
whytestocks whytestocks 5 years ago
News: $GIS General Mills Feeding Better Futures Scholars Program Seeking Young Innovators

MINNEAPOLIS , Jan. 15, 2019 /PRNewswire/ -- Today, General Mills (NYSE: GIS) launched the second year of its Feeding Better Futures Scholars Program, a platform encouraging today's youth to share their solutions to fight hunger, reduce food waste, and grow food more sustainably. Youn...

In case you are interested https://marketwirenews.com/news-releases/general-mills-feeding-better-futures-scholars-program-seeking-young-innovators-6833210.html
👍️0
whytestocks whytestocks 5 years ago
News: $GIS Fiber One Introduces New Fiber-Rich Cereal Made With Real Strawberries

MINNEAPOLIS , Jan. 15, 2019 /PRNewswire/ -- Fiber One is expanding its cereal portfolio with the launch of Fiber One Strawberries and Vanilla Clusters, available in retailers nationwide beginning this month. Made with steel cut oats, vanilla clusters and delicious, real strawberries,...

Find out more https://marketwirenews.com/news-releases/fiber-one-introduces-new-fiber-rich-cereal-made-with-real-strawberries-6833216.html
👍️0
leftovers leftovers 5 years ago
Another nice day for GIS! Xdate on tap next!
👍️0
leftovers leftovers 5 years ago
GIS has seemed to bottom and now headed back up! Nice dividend to boot! Long GIS
👍️0
fuzzy fuzzy 6 years ago
MINNEAPOLIS, Sept. 25, 2018 /PRNewswire/ -- The General Mills Board of Directors today declared a quarterly dividend at the prevailing rate of $0.49 per share, payable November 1, 2018, to shareholders of record as of October 10, 2018. General Mills (GIS) and its predecessor company have paid dividends without interruption for 119 years.
👍️0
Nebuchadnezzar Nebuchadnezzar 6 years ago
Bc the party is at TLRY house
👍️0
joanne4trade joanne4trade 6 years ago
Expect this stock to continue to decline. Stock predictions for GIS alerted traders and investors to a pivot point for the fall before today's drop by 8%. Issues with the products and a declining average stock price are adding up to the fall. #BluSignals

https://www.blusignalsystems.com/gis-stock-declines-leading-indicator-predictions/
👍️0
KingTigerII KingTigerII 6 years ago
Good thing from here!
👍️0
tdeck tdeck 6 years ago
Ok got out yesterday had accumulated 1/3 of what I wanted with the last being 1k @44.23 had previously gotten 275 @44.86 and 771 @45.06

I got out yesterday after it looked like it failed its third attempt to stay above 45 and exited the position @45.06 so ended up with near 1K profit. Then I look back and damn if it isn't trading in the 45.25 range LOL.

It closed just above 45 but after speaking with another trader more experienced with the stock I am going to try and rebuild a 5K long position at around $40 a share +/- 1 and keep those for the long haul.

I got lucky actually as that spike was only on the Chinese tariff talks news which will be short lived.

GL all
👍️0
tdeck tdeck 6 years ago
Ok, got some stuff moved around I am gonna try and top off for 5k shares total, call me crazy but I am gonna hold off see if they try and drop under $45 I am thinking/hoping 44.30ish if not I will just do the best I can. I cannot believe such a drop on such BS seriously, whats wrong with the world/market today.

May do half today and wait to get other half tomorrow, I mean jeez I feel like I am already making 20K just by buying it, it will be for the old mf'er days I have ahead of me but still no reason to not try and save some dough.
👍️0
tdeck tdeck 6 years ago
I think I may just have to get in this thing today been watching it a while and this drop over BS another CNBC manipulative overreaction drop always trying to throw politics in the mix.

Alright screw it I am in 771 shares @45.06 let me move some things around and become a long been thinking about it for a while this looks like a great opportunity. Peace out

👍️0
Funny Haircut Funny Haircut 6 years ago
Why is this board so dead?
👍️0
NYC_JimBob NYC_JimBob 6 years ago
👍️0
T695 T695 6 years ago
Buy buy buy
👍️0
NYC_JimBob NYC_JimBob 6 years ago
Mad Money Cramer highlighted this for 15 minutes on his show - he kept using the Buy Buy Buy button........ every time he does this I lose money Haha. Not jumping on it but if it hits 50. I may have to
👍️0
fuzzy fuzzy 6 years ago
General Mills Inc. GIS, -4.00% said Friday it's purchasing pet foods maker Blue Buffalo Inc. BUFF, -1.95% for $40 a share in cash, or roughly $8 billion. General Mills said the deal will immediately add to its net sales growth and operating margin profile, and is expected to be neutral to cash per-share earnings in fiscal 2019. Shares of Blue Buffalo jumped 17% in premarket trade Friday. "The $30 billion U.S. pet food market is generating consistent 3%-4% growth and is highly attractive for retailers," General Mills said in a statement. Blue Buffalo makes natural food and treats for dogs and cats. "The wholesome natural market represents approximately 10% of the pet food market in volume and approximately 20% in value," said General Mills. The deal is expected to close by the end of the General Mills's fiscal 2018.
👍️0
mbenson898 mbenson898 6 years ago
General Mills Earnings Snapshot http://alphastreet.com/b5c3b89a

General Mills reported a 11% drop in 2Q18 earnings due to higher input costs including currency-driven inflation on imported products as well as unfavorable trade expense phasing.
👍️0
JWard99 JWard99 7 years ago
In light of steadfast dividend news, stock should gradually run up until ex-dividend unless some other negative catalyst transpires.
👍️0
ITMS ITMS 7 years ago
Know This Institutional Trade Level For This Leading Food Product Company

Last week, most of the leading food processing stocks sold off after Amazon.com (NASDAQ:AMZN) announced that they were acquiring Whole Foods Market Inc (NASDAQ:WFM) for $13.7 billion. Many of these leading food processing stocks are still coming under pressure since that news was released. At some point some of these leading food processing stocks will look attractive.

General Mills, Inc. (NYSE:GIS) is a leading is a manufacturer and marketer of branded consumer foods. This stock peaked out in July 2016 at $72.95 a share. Since that high pivot the stock has plunged lower and is currently trading at $56.85 a share. Many traders are now wondering if the stock is on sale, but the chart pattern indicates that the shares are headed lower. At this time, the stock has major support around the $52.50 area. This is a level where GIS stock based for roughly two years before breaking out. Very often, prior base patterns will serve as major support when retested. It should also be noted that General Mills, Inc. (NYSE:GIS) will report earnings on June 28th, 2017 before the opening bell.



Nicholas Santiago
InTheMoneyStocks
👍️0
fuzzy fuzzy 7 years ago
MINNEAPOLIS, March 14, 2017 /PRNewswire/ -- The General Mills Board of Directors today declared a quarterly dividend at the prevailing rate of $0.48 per share, payable May 1, 2017, to shareholders of record as of April 10, 2017. General Mills (GIS) current annualized dividend rate of $1.92 per share represents an increase of 8 percent over the annual dividend of $1.78 paid in fiscal 2016.
👍️0
Roland Rick Perry Roland Rick Perry 7 years ago
License to manufacture and distribute Fiber One™ ice cream.

Interesting.

NightFood Reaches Agreement to Acquire Suffield Foods

Marketwired MarketwiredDecember 2, 2016 TARRYTOWN, NY--(Marketwired - Dec 2, 2016) - NightFood Holdings, Inc. ( OTC PINK : NGTF ), a fully reporting "better-for-you" snack company, today announced that it has agreed to terms and signed a definitive agreement to acquire Suffield Foods, LLC, and Hook Marketing, LLC, contingent upon NightFood providing ongoing operating capital for Suffield operations.

Hook has been granted a license to manufacture and distribute Fiber One™ ice cream, and conducts operations through its subsidiary, Suffield.

"Over the last several months, we have had acquisition discussions with numerous companies in the snack space. We believe this deal with Suffield represents a tremendous opportunity, and I look forward to working with the Suffield team to help make Fiber One™ ice cream available to retailers and consumers across the country," stated NightFood CEO Sean Folkson.

Full Release: http://finance.yahoo.com/news/nightfood-reaches-agreement-acquire-suffield-130000714.html


SPOTTED ON SHELVES: Fiber One Ice Cream (4/2016)

http://www.theimpulsivebuy.com/wordpress/2016/04/13/spotted-on-shelves-fiber-one-ice-cream/
👍️0
fuzzy fuzzy 8 years ago
General Mills Inc. has spent years reformulating cereals like Trix to remove artificial flavors and synthetic colors. Investors will find out this week whether the effort has paid off or whether the muted colors have turned off loyal customers.

The Minneapolis food giant is set to report quarterly earnings Wednesday amid a slumping cereal market. General Mills' U.S. cereal sales fell to $2.31 billion in fiscal 2015 from $2.35 billion in fiscal 2010. In the same time period, the company's overall sales rose 20%, but the Big G cereals remain an important part of its business, contributing 13% of total revenue.

General Mills executives have said restoring growth for its U.S. cereal sales is a top priority for its fiscal year ending in May.

The company isn't alone in its cereal conundrum. Consumers across the country are eating less of the processed oats and grains in milk for breakfast, turning instead to higher-protein, portable meals like Greek yogurt and breakfast sandwiches.

General Mills' expensive cereal project came to fruition in January when it replaced traditional varieties of Golden Grahams, Trix and Reese's Puffs on grocery shelves with new, more-natural versions.

The company said at an industry conference last month that retail cereal sales were trending positive so far, up about 1% in December and January, according to Nielsen. That compares to a 6% drop for its November-ended quarter. The company also said that making its Cheerios gluten free last fall has boosted revenue.

But the real picture is likely to come in General Mills' earnings report Wednesday. Depending on what they see, investors may decide executives' optimism for one of the company's biggest profit drivers is unfounded.
👍️0
fuzzy fuzzy 8 years ago
General Mills Inc. GIS, +0.55% raised its quarterly dividend 4.5% to 46 cents per share, the company said in a Tuesday release. Dividends are payable May 2 to shareholders of record as of April 11. Including the new May payment, General Mills dividends per share in fiscal 2016 will total $1.78, up 7% from $1.67 for the previous fiscal year. The company also announced that Maria Henry has been elected to the board of directors, effective June 1. Henry joined Kimberly-Clark Corp. KMB, +0.58% in 2015 and serves as the company's chief financial officer. General Mills shares closed Tuesday up 0.6% at $59.95. The company's shares are up 23.9% for the past year, while the S&P 500 is down 4.4% for the same period.
👍️0
jones99 jones99 8 years ago
Ahead of an investor conference, General Mills ($GIS) reiterated its forecast for adjusted earnings per share to grow at a low single-digit rate in constant currency from the base of $2.86 earned in fiscal 2015, while net sales in constant currency are expected to decline at a low single-digit rate from the 2015 levels that included a 53rd week.
👍️0
fuzzy fuzzy 8 years ago
MINNEAPOLIS, Dec. 23, 2015 /PRNewswire/ -- General Mills (GIS) said today that it has acquired Brazilian yogurt maker Carolina Administracao e Participacoes Societarias Ltda., (Carolina), a privately-held dairy products company headquartered in Ribeirao Claro, Parana, Brazil. Terms of the transaction were not disclosed.
👍️0
fuzzy fuzzy 9 years ago
13 am General Mills beats by $0.10, misses on revs; reaffirms FY16 outlook but raises FX headwind (GIS) :

•Reports Q1 (Aug) earnings of $0.79 per share, excluding non-recurring items, $0.10 better than the Capital IQ Consensus Estimate of $0.69; revenues fell 1.4% year/year to $4.21 bln vs the $4.25 bln consensus, FX reduced net sales growth by 5 percentage points.
•On a constant-currency basis, net sales grew 4 percent, including 2 points of growth contributed by the Annie's business acquired in Oct 2014. Pound volume was 2 percent above year-ago levels.
•Net price realization and mix contributed 2 points of net sales growth. Adjusted gross margin increased 290 basis points due to improved net price realization and savings from cost-reduction initiatives.
•General Mills reiterated its full-year growth targets for 2016, which current General Mills reiterated its full-year growth targets for 2016, which currently exclude any impact from the proposed Green Giant divestiture:
👍️0
fuzzy fuzzy 9 years ago
General Mills beats by $0.04, misses on revs; guides FY16 EPS in-line (GIS) :

•Reports Q4 (May) earnings of $0.75 per share, $0.04 better than the Capital IQ Consensus Estimate of $0.71; revenues rose 0.4% year/year (+6% ex-FX) to $4.3 bln vs the $4.53 bln consensus.
•Pound volume contributed 3 points of net sales growth, including incremental contributions from the Annie's organic foods business acquired in October 2014 and an extra week in this year's period.
•Net price realization and mix also contributed 3 points of growth. These factors were offset by a 6 point reduction in net sales from foreign currency exchange effects.
•Adjusted gross margin, which excludes mark-to-market effects and certain other items affecting comparability, increased 70 basis points due to net price realization
•On a constant-currency basis, General Mills fiscal 2016 net sales are expected to essentially match the 2015 levels that included a 53rd week.
•Total segment operating profit is expected to grow at a low single-digit rate in constant currency.
•Constant-currency adjusted diluted EPS is expected to grow at a mid single-digit rate from the base of $2.86 earned in fiscal 2015. At current exchange rates, the company estimates a 4-cent headwind to fiscal 2016 adjusted diluted EPS from currency translation.
👍️0

Your Recent History

Delayed Upgrade Clock