The cereal maker posts fiscal first-quarter adjusted earnings of $1.09 a share, above Wall Street estimates of $1.08.
General Mills reported fiscal first-quarter earnings and sales that slightly beat analysts’ estimates and reiterated fiscal-year guidance.
Net sales for the maker of Cheerios and other breakfast cereals, Betty Crocker, and Yoplait yogurt, which also makes such were $4.9 billion, jumping from the year prior and higher than the $4.88 billion analysts expected, according to FactSet.
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