earnings
confidence high
sentiment neutral
materiality 0.70
General Mills Q4 net sales down 6%; FY EPS $4.31; dividend raised 2% to $0.60; guides FY25 flat
GENERAL MILLS INC
2024-FY EPS reported
$4.31
revenue$2,037,800,000
- Q4 net sales $4.7B, down 6% YoY; adjusted diluted EPS $1.01, down 10% constant currency.
- Full year net sales $19.9B, down 1%; adjusted diluted EPS $4.52, up 6% constant currency.
- Pet segment Q4 net sales down 8% to $602M; operating profit up 8%.
- Dividend increased 2% to $0.60/share quarterly; payable Aug 1, 2024.
- FY2025 guidance: organic net sales flat to +1%; adjusted EPS -1% to +1% constant currency.