General Mills (GIS) Misses Q3 EPS by 2c, Revenues Beat
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General Mills Reports Fiscal 2021 Third-Quarter Results
March 24, 2021 7:00 AM EDTNet sales increased 8 percent to $4.5 billion; organic net sales1 increased 7 percent
Operating profit increased 27 percent to $827 million; constant-currency adjusted operating profit increased 5 percent
Diluted earnings per share (EPS) totaled $0.96, up 30 percent from the prior year; adjusted diluted EPS of $0.82 increased 6 percent in constant currency
Company provides outlook for full-year organic net sales growth and adjusted operating profit margin; announces resumption of share repurchase activity beginning in the fourth quarter
¹ Please see Note 7 to the Consolidated Financial Statements below for reconciliation of this and other non-GAAP... More
