General Mills hits earnings marks, but sales stay weak

//General Mills hits earnings marks, but sales stay weak

General Mills hits earnings marks, but sales stay weak

General Mills Inc. continues to struggle to lift sales of some of its biggest product categories, on Wednesday reporting softer-than-expected revenue even as it met profit targets. The Wall Street Journal has an early take on the company's fiscal fourth quarter results from Golden Valley-based General Mills (NYSE: GIS), which posted earnings of $570.2 million, or 94 cents a share in the quarter ended May 26, up from from $354.4 million, or 59 cents a share, in the year-ago period. Excluding one-timeā€¦

Article by [author-name] (c) Manufacturing News - Manufacturing News Headlines | Bizjournals.com - Read full story here.

By | 2019-06-26T12:27:12+00:00 June 26th, 2019|Budget and Tax|

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