CSIMarket
Company Name or Ticker Symbol
Search for other Categories
 
     
General Mills Inc  (GIS)
Other Ticker:  
 
    Sector  Consumer Non Cyclical    Industry Food Processing
 
 

EARNINGS REPORT by CSIMarket

Income Increased by 10.79 %, Sales Lower


decrease font size NEWS BETA Increase font size

General Mills Inc announced forth quarter 2017 operating income of $609.2 millions, company raises it's earnings guidance.



Despite soft demand in the forth quarter 2017, company managed to increase it's earnings per share, eps grew by 10.79 % to $0.69 per share while Sales fell by -3.09 % to $3.81 billions, year on year.

Looking into results from previous quarter Sales increased by 0.35 % from $3.79 billions and income per share increased by 12.8 % from $0.61 per share.
Sales fell at International -11.26%, while revenue growth was achieved at U.S. Retail +3.56%, Bakeries or Foodservice +0.99%.
U.S. Retail segment with 37.73% is solely responsible for the income gain, General Mills Inc continued, while company logged declining profits in Bakeries or Foodservice -8.59%, International -19.86%. Earnings grew 0.63 % to $416 millions for the forth quarter 2017, compare to income of $413 millions achieved a year before. General Mills Inc also emphasized it's improving profit margins, where net margin rose to 10.92% in forth quarter 2017, and operating margin edged up to 16%. Company said it sees now it's eps between $2.07 and $2.07, an improvement by $0.05 compare to previous guidance.
Looking into financial results for the fiscal year 2017, General Mills Inc reported Sales of $15.62 billions and net income of $1.70 billions.

Food Processing Company explained also, that Eps remained unchanged by 0 % to $2.77 per share from $2.77 in the previous fiscal year, while Sales decreased by -5.7 % from $16.56 billions a year ago.

General Mills Inc is expected to report next financial results on September 22, 2017.
Stocks
Economy
Industries
Other GIS's Earnings Reports

General Mills Inc reported third quarter 2017 earnings

General Mills Inc reported second quarter 2016 earnings

General Mills Inc reported first quarter 2016 earnings

Economy


Advance Monthly Sales

Consumer Price Index CPI

Producer Price Index PPI

Retail Inventories

Personal Income

Gross Domestic Product GDP

Money Supply

Industrial Production

Productivity

Employment Situation

US International Trade

Factory Orders

Durable Goods

Construction Spending

Housing Starts

Vehicle Unit Sales

Stocks


Event Calendar

CDXS's Profile

Stock Price

CDXS's Financials

CDXS's Expectations

Business Description

Fundamentals

Charts & Quotes

CDXS's News

Suppliers

CDXS's Competitors

Customers & Markets

Economic Indicators

CDXS's Growth

Company Segments

Screening


Stock Performance

Growth Rates

Profitability

Valuation

Dividend

Financial Strength

Efficiency

Expectations

Management Effectivness

Glossary


Financial Terms

Technical Analysis

Fundamental Analysis

Energy Terms

Manufacturing Terms

Transportation Terms

Health Care

Insurance Terms

Economy Terms

Hotel & Leisure Terms

Industries


At a Glance

Performance

Growth Rates

Profitability

Valuation

Financial Strength

Markets


At a Glance

Stocks

Indices

Sectors & Industries

Financials

Commodities

Currencies

News


At a Glance

Stocks

Economy

Industries

Other

Help


Sitemap

Advertise

About us



CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.  Free Stock Market News Feeds
   Copyright © 2017 CSIMarket, Inc. All rights reserved. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)
Intraday Data provided by Barchart and subject to terms of use. To view Intraday Stock Data Java must be installed. Java content may be prohibited by the security software, to see the stock quotes, choose "allow content from this page" option. Stock Price, historical and current end-of-day data provided by eoddata. Intraday data delayed per exchange requirements. S&P/Dow Jones Indices (SM) from Barchart and Eoddata. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com