secwatch / observer
8-K filed June 28, 2023, 7:59 PM ET ticker GIS CIK 0000040704
earnings confidence high sentiment positive materiality 0.75

General Mills reports FY2023 net sales of $20.1B (+6%), EPS $4.31; raises dividend 9%

GENERAL MILLS INC

2023-FY EPS reported $4.31 revenue$1,957,400,000

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

GENERAL MILLS INC reported the fourth quarter ended May 28, 2023 results: revenue Net sales of $5.0 billion, net income Net earnings attributable to General Mills of $615 million, EPS Diluted EPS of $1.03.

Period
the fourth quarter ended May 28, 2023
Revenue
Net sales of $5.0 billion
Net income
Net earnings attributable to General Mills of $615 million
EPS
Diluted EPS of $1.03
Result
reported results
Exact text from the filing
per share (EPS) of $4.31 was down 2 percent from the prior year; adjusted diluted EPS of $4.30 was up 10 percent in constant currency Fourth Quarter Highlights • Net sales of $5.0 billion increased 3 percent; organic net sales increased 5 percent • Operating profit of $818 million was down 19 percent; adjusted operating profit of $889 million effectively matched
View on SEC.gov
Earnings Releases SEC 8-K Item 2.02 confidence 0.9

GENERAL MILLS INC reported the fiscal year ended May 28, 2023 results: revenue Net sales of $20.1 billion, net income Net earnings attributable to General Mills were down 4 percent to $2.6 billion, EPS Diluted EPS of $4.31.

Period
the fiscal year ended May 28, 2023
Revenue
Net sales of $20.1 billion
Net income
Net earnings attributable to General Mills were down 4 percent to $2.6 billion
EPS
Diluted EPS of $4.31
Result
reported results
Exact text from the filing
and Full-year Results and Provides Fiscal 2024 Outlook General Mills Board of Directors Declares Nine Percent Dividend Increase Full Year Highlights • Net sales of $20.1 billion increased 6 percent from the prior year; organic net sales 1 were up 10 percent • Operating profit of $3.4 billion was down 1 percent; adjusted operating profit of $3.46
View on SEC.gov

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Source: SEC EDGAR
accession 0001193125-23-176744
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