secwatch.observer — SEC 8-K summary
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Issuer:     GENERAL MILLS INC (GIS)
CIK:        0000040704
Form:       8-K
Filed at:   2022-09-21T23:59:59+00:00
Accession:  0001193125-22-248018
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

General Mills Q1 net sales $4.7B (+4% reported, +10% organic); raises full-year outlook
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- Diluted EPS of $1.35 (+32%); adjusted diluted EPS $1.11 (+13% constant currency).
- Operating profit up 29% to $1.1B; adjusted operating profit margin up 70 bps to 18.7%.
- Raises FY23 organic net sales growth outlook to 6-7% (from 4-5%), adjusted EPS growth to 2-5% (from 0-3%).
- International segment net sales down 30% due to yogurt/dough divestitures and Häagen-Dazs ice cream recall.
- North America Retail net sales up 10%; Pet up 19%; North America Foodservice up 21%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/40704/000119312522248018/0001193125-22-248018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/40704/000119312522248018/d358937d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-248018

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