secwatch.observer — SEC 8-K summary
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Issuer:     GENERAL MILLS INC (GIS)
CIK:        0000040704
Form:       8-K
Filed at:   2022-12-20T23:59:59+00:00
Accession:  0001193125-22-308741
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

General Mills Q2 net sales $5.2B (+4%), organic +11%; raises FY23 outlook
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- Diluted EPS $1.01 (+4%); adjusted diluted EPS $1.10, up 12% in constant currency.
- North America Retail segment net sales +11% to $3.4B; segment operating profit +24%.
- Pet segment net sales flat at $593M, operating profit -34% due to input cost inflation and supply chain disruptions.
- FY23 outlook raised: organic net sales now expected +8-9% (prev. +6-7%); adjusted operating profit +3-5% (prev. flat to +3%).
- Ice cream recall in International segment impacted net sales and operating profit; no further material impact expected.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/40704/000119312522308741/0001193125-22-308741-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/40704/000119312522308741/d229190d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-308741

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