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The company expects to make further progress in fiscal 2021 in reducing its net-debt-to-adjusted-EBITDA ratio, which stood at 3.2x at the end of fiscal 2020. 56%. General General Mills (NYSE:GIS) last announced its earnings results on Tuesday, September 21st. General Mills Announces Availability of Fiscal 2020 Fourth ... General Mills Inc. said it expects its organic net sales and adjusted earnings for fiscal 2022 to be at the higher end of their prior guidance ranges amid the … General Mills, Inc. (NYSE: GIS) plans to report results for its fiscal 2022 second quarter on December 21, 2021. At the same time, General Mills operating profit increased 6% to $3.1 billion. This growth- and margin-accretive transaction advances General Mills’ portfolio reshaping efforts within its Accelerate strategy. In exchange, General Mills will acquire Sodiaal’s 49 percent ownership interest in Yoplait Canada Holding, making the Yoplait Canada yogurt business – which generated US$290 million in net sales in fiscal 2020 – a wholly owned subsidiary of General Mills. General Mills General Mills: A U.S.-based food company. “I’m excited, just the way they’re talking. General Mills “I’m pleased with the results the General Mills team delivered in fiscal 2021 under difficult circumstances,” said Net sales increased 4 percent … General Mills: A U.S.-based food company. We serve the world by making food people love, providing quality brands in more than 100 countries on six continents. General Mills: A U.S.-based food company. We serve the world by making food people love, providing quality brands in more than 100 countries on six continents. General Mills (GIS) Divests Yoplait, Boosts Accelerate ... General Mills Reports Fiscal 2022 First-Quarter Results. General Mills Inc. said it expects its organic net sales and adjusted earnings for fiscal 2022 to be at the higher end of their prior guidance ranges amid the evolving operating environment and after its acquisition of Tyson Foods Inc.'s pet-treats portfolio. General Mills Inc. said it expects consumer demand to slip in its new fiscal year and warned of expense inflation. General Mills Inc. GIS, +0.81% shares rose 1.7% in Wednesday premarket trading after the food company reported fiscal first-quarter profit and sales that beat expectations. General Mills 88%. Moreover, earnings and sales surpassed the Zacks Consensus Estimate. General Mills pet food and treat net sales decline reflected comparison against results in the previous year when pet owners were stocking up as the ongoing pandemic took hold globally, along with a General Mills fiscal calendar change that added a month to pet results. Item 5.03 Amendments to Certificate of Incorporation or Bylaws; Change in Fiscal. We serve the world by making food people love, providing quality brands in more than 100 countries on six continents. Nov 25, 2021 3:32AM EST. General Mills Reports Fiscal 2022 First-Quarter Results ... (Fiscal 2019 Net Sales by Platform) 98%. The first annual payment during the last 10 years was US$1.12 in 2011, and the most recent fiscal year payment was US$2.04. Headquartered in Minneapolis, Minnesota, USA, General Mills generated fiscal 2021 net sales of U.S. $18.1 billion. The Commonwealth of Massachusetts Average diluted shares outstanding decreased 1 percent to 615 million. Following the release, shares of the company climbed 3.2% in early trade on Wednesday. We serve the world by making food people love, providing quality brands in more than 100 countries on six continents. General Mills. General Mills had a net margin of 12.72% and a return on equity of 24.61%. Ice Cream. General Mills Has A Solid Track Record. Yoplait S.A.S net sales totaled $740m in fiscal 2020, according to General Mills. MINNEAPOLIS, June 30, 2021--General Mills (NYSE: GIS) today reported results for the fourth quarter and fiscal year ended May 30, 2021. 77%. Press Release at … 26%. This system measured our progress in increasing positive nutrients, decreasing nutrients to limit, qualifying for a nutrient or health benefit claim, or meeting specific internal nutrition requirements. General Mills Inc. said Wednesday it expects FX rates to help increase net sales in fiscal 2022, after boosting revenue in the first quarter. A press release, pre-recorded management remarks and supporting slides will be issued that morning followed by a webcasted question and answer session on the results at 8:00 a.m. CT. SPRING MILLS — Spring Mills seniors Nolan Choiniere and Sam O’Connor haven’t officially stepped into their careers, but they’ve already been promoted. The proposed transaction is expected to close by the end of calendar 2021, subject to appropriate labor consultations, regulatory filings, and other customary closing conditions. Operating profit increased 27 percent to $827 million; constant-currency adjusted operating profit increased 5 percent. In addition, General Mills plans to report results for its fiscal 2022 first quarter on Wednesday, September 22, 2021, and will webcast a question-and-answer session on those results at 8:00 a.m. Central time on that day. Basis Pt Change . September 22, 2021 7:00am Comments. The upcoming earnings date is derived … In addition, General Mills plans to report results for its fiscal 2022 first quarter on Wednesday, September 22, 2021, and will webcast a question-and … Adjusted comparisons as a % of net sales (a): 2021 . We’re creating shareholder value with our broad portfolio of well-known brands in growing food categories worldwide. General Mills, Inc. is estimated to report earnings on 12/16/2021. Fourth Quarter Fiscal 2020 Financial Results 15 *Non-GAAP measure. MINNEAPOLIS-- (BUSINESS WIRE)-- General Mills (NYSE: GIS) today reported results for the fourth quarter and fiscal year ended May 31, 2020. Fiscal 2020 was a 53-week year, with the extra week falling in the fourth quarter. General Mills Chairman and Chief Executive Officer Ken Powell said, “Our third-quarter financial results were in line with our expectations. General Mills will issue pre … Sep 22, 2021. General Mills Has A Solid Track Record. MINNEAPOLIS, Minn., June 30, 2021 –General Mills (NYSE: GIS) today reported results for the fourth quarter and fiscal year ended May 30, 2021. First Quarter Results Summary Net sales declined 1 percent to $4.21 billion. 29%. For the fiscal Q4 2021, General Mills posted an EPS of 91 cents, beating the consensus by 3 cents. Net earnings attributable to General Mills 12.9 % 50 12.4 % 200 10.4 % Fiscal Year. General Mills is focused on the Accelerate strategy (unveiled in General Mills GIS is focused on the Accelerate strategy, which supports it with the “how to … The transaction is slated to close by … The deal was initially announced on Mar 23. This implies that the company grew its distributions at a yearly rate of about 6.2% over that duration. General Mills, Inc. GIS released robust second-quarter fiscal 2021 results, with the top and the bottom line increasing year over year. Earnings announcement* for GIS: Dec 16, 2021. Revenue is projected to grow by 10% in the quarter but fall about -2.0% for the year. Headquartered in Minneapolis, Minnesota, USA, General Mills generated fiscal 2020 net sales of U.S. $17.6 billion. Sources: cnbc.com, seekingalpha.com. A press release, pre-recorded management remarks and supporting slides will be issued that morning followed by a webcasted question and answer session on the results at 8:00 a.m. CT. Shares of General Mills, Inc. GIS gained 4.6% on Sep 8, as the company revised its fiscal 2022 guidance upward at the 2021 Barclays Global Consumer Staples Conference. Fiscal 2021 results reflect the impact of one fewer week compared to fiscal 2020. General Mills expects that the COVID-19 pandemic will drive continued elevated consumer demand for food at home, relative to pre-pandemic levels, … Segment operating profit totaled $826 million, up 20 percent. Yogurt. The company manufactures and markets branded consumer foods, which it sells through retail stores. It expects to complete the divestiture of its European Yoplait operations by the end of calendar 2021. If General Mills fiscal Q1 results are foreshadowing results within the consumer staples sector the way that we think results from Federal Express and Lennar are foreshadowing results for the broader market, the consumer staples sector is one where you want to be for the Q3 earnings season and the fourth quarter in general. Year. The company's net sales increased 3% from the prior year to $18.1 billion. General Mills Inc. GIS, +0.89% saw sales and earnings drop in its latest quarter as people failed to buy as much food for the home as they did in the early days of the pandemic. General Mills reaffirmed its key full-year fiscal 2022 targets: • NYSE: GIS 61.30 -0.79 ( -1.27% ) Volume: 2,593,148 Last updated 10/27/2021 4:00 PM Pricing delayed by 20 minutes All stock info. On a 2-year compound growth basis, which eliminates the effect of the extra month of results in … Net sales increased 8 percent to $4.5 billion; organic net sales1 increased 7 percent. 2019 . Dividends paid increased to $312 million. Blue Buffalo manufactures and markets wholesome natural pet … General Mills (NYSE: GIS) today reported results for the third quarter of fiscal 2016. Our e-commerce net sales were up 45% in Fiscal ’21, and we continue to see our brands holding higher market shares online than … General Mills Inc. GIS divested 51% controlling interest in its European Yoplait operations to Sodiaal. 2020 . Located on the Merrimack River, Lowell wa s the nation’s first planned industrial community and is often referred to as the “cradle of the American Industrial Revolution”. General Mills reports fiscal 2016 third-quarter results in line with expectations, reaffirms full-year outlook. (1) Constant currency growth rate. The company estimates the acquisition will add approximately 2 cents to fiscal 2022 adjusted diluted EPS. Fiscal 2022 Outlook. The following is a list of legal holidays and the dates on which they will be observed for calendar years 2020, 2021, and 2022. Sep. 22, 2021. Basis Pt Change . FOR THE FISCAL YEAR ENDED May 31, 2020 ‘ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission file number: 001-01185 GENERAL MILLS, INC. (Exact name of registrant as specified in its charter) Delaware 41-0274440 (State or other jurisdiction of (I.R.S. General Mills Fiscal 2020 Q4 Logistics Press Release General Mills Fiscal 2020 Q4 Earnings Press Release (opens in new window) PDF 758 KB Recording - Prepared Remarks (opens in new window) MP3 16.13 MB Transcript - Prepared Remarks (opens in new window) PDF 332 KB Q4 Presentation (opens in new window) PDF 2.62 MB General The City of Lowell is located in Middlesex County, 25 miles no rthwest of Boston and approximate ly 5 miles south of the New Hampshire border. See appendix for reconciliation Q4 TOTAL GENERAL MILLS $ VS LY Net Sales $5,023 +21% Organic Sales* +16% Adjusted Operating Profit* $888 +24%¹ Adjusted Diluted EPS* $1.10 +33%¹ MINNEAPOLIS (AP) _ General Mills Inc. (GIS) on Wednesday reported fiscal first-quarter profit of … MINNEAPOLIS, December 01, 2021--General Mills, Inc. (NYSE: GIS) plans to report results for its fiscal 2022 second quarter on December 21, 2021. The European arm of Yoplait had $740 million of net sales in fiscal year 2020, General Mills said. Business Wire. The EPS is seen as having a flat growth to down 2%. General Mills (NYSE: GIS) today reported results for the first quarter of fiscal 2016. The company reported $0.99 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.89 by $0.10. In fiscal 2020, General Mills produced $5 million worth of food for donation to the Feeding America network in response to COVID-19 pandemic and support for emergency food assistance, resulting in 4.2 million meals. Published. General Mills outlined three priorities for fiscal 2021 that will allow it to deliver competitive performance in the short term while continuing to advance its long-term goals: 1. 15%. For fiscal 2022, citing softer consumer demand, it expects its organic sales to decline 1% - 3%. General Mills, Inc. previously announced its plans to report results for its fiscal 2020 fourth quarter and full year on Wednesday, July 1, 2020. GENERAL MILLS, INC. company earnings calendar and analyst expectations - Upcoming and past events | Nyse: GIS | Nyse and Canada. In addition, General Mills plans to report results for its fiscal 2022 first quarter on Wednesday, September 22, 2021, and will webcast a question-and … Employer Food company General Mills said the … At the end of June, General Mills … General Mills, Inc. (NYSE: GIS) plans to report results for its fiscal 2022 second quarter on December 21, 2021. On September 28, 2021, the shareholders of General Mills, Inc. (the "Company") voted at the 2021 Annual Meeting of Shareholders (the "Annual Meeting") to approve the amendment and restatement of the Company's Restated Certificate of Incorporation (the "Amended Certificate"), effective September 30, … September 22, 2021 7:00am Comments. Yogurt All Other Accelerate Source: Nielsen/IRI latest 52 weeks through May 2019; current General Mills markets General Mills repurchased approximately 2.5 million shares of common stock in the first quarter for a total of $150 million. Compete effectively, everywhere we play , leading to market share gains, increased brand penetration, competitive service levels, and strengthened customer partnerships. The duo now hold the roles of financial advisors — at least within the walls of Sambo Teng’s finance class at the high school. On a constant-currency basis, net sales increased 4 percent. The European arm of Yoplait had $740 million of net sales in fiscal year 2020, General Mills said. The transaction is slated to close by the end of the calendar year. General Mills may be considering a sale of its Yoplait brand, according to reports in French media. Kelsey Roemhildt General Mills Media.line@genmills.com 763-764-6364 Snack Bars. The packaged-food company on Wednesday said it … General Mills reaffirmed its key full-year fiscal 2020 targets: Organic net sales are expected to increase 1 to 2 percent. Published. In addition, on August 27, General Mills signed a definitive agreement in relation to the previously announced divestiture of its European Yoplait operations. General Mills Reports Fiscal 2022 First-Quarter Results. The Minneapolis, Minnesota-based company General Mills is expected to report its fiscal fourth-quarter earnings of $0.85 per share, which represents a … Note: Tables may not foot due to rounding. Fourth-quarter net sales for General Mills’ North America Retail segment increased 36 percent to $3.20 billion, primarily reflecting increased demand for food at home resulting from the COVID-19 pandemic as well as 9 points of additional sales from the 53 rd week. (RTTNews) - Ahead of its participation at the 2021 Barclays Global Consumer Staples Conference later on Wednesday, food company General Mills (GIS) updated its … General Mills Will See Growth. Central time. In addition, the company’s share of non-consolidated joint venture net sales totaled U.S. $1.1 billion. 49%. See appendix for reconciliation. General Mills acquired Blue Buffalo Pet Products, Inc. in fiscal 2018, which is part of the company’s Pet segment. General Mills on Wednesday said it would sell its European dough businesses to ready-to-bake dough company Cerelia. We are proud to report that from fiscal 2005-2018, 81% of U.S Retail sales volume met Health Metric criteria. Non-GAAP measure. In exchange, General Mills has acquired Sodiaal’s 49% ownership interest in … General Mills: Fiscal Q1 Earnings Snapshot. General Mills: A U.S.-based food company. Q2 Highlights. Shares of General Mills, Inc. GIS gained 4.6% on Sep 8, as the company revised its fiscal 2022 guidance upward at the 2021 Barclays Global Consumer Staples … General Mills ( GIS) has reported better-than-expected results for the first quarter of Fiscal Year 2022. Nov 26, 2021 10:09AM EST. In addition, General Mills' share of non-consolidated joint … The company has an extended history of paying stable dividends.

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