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General Mills Inc (NYSE:GIS, ETR:GRM) reported better-than-expected profits for the fiscal third quarter but weak guidance saw shares of the consumer packaged goods giant fall in early trade on Wednesday. Quarterly earnings per share (EPS) of $1.12 beat estimates of $1 but revenue of $4.8 billion was short of estimates of $4.96.
Jim Cramer breaks down why he's keeping an eye on shares of General Mills.
Adjusting for one-off costs, Dollar General posted a reasonably solid 4Q24 result. New long-term financial targets point to a healthy recovery in Dollar General's operating profit margin from FY26E onwards. The near-term outlook for Dollar General is somewhat mixed, as management attempts to improve the business whilst simultaneously facing a number of baked-in FY25E cost headwinds.
General Mills (GIS) shares are falling in premarket trading Wednesday after the cereal giant issued a downbeat outlook and posted quarterly sales that undershot forecasts.
Consumer food manufacturing giant General Mills (GIS -0.95%) reported mixed fiscal 2025 third-quarter earnings on Wednesday, March 19. Revenue of $4.8 billion fell short of analysts' consensus estimates of $4.96 billion and was down 5% year over year.
Dollar General Corp. NYSE: DG stock is holding on to gains of about 6% after the discount retailer reported earnings on March 13, 2025. The company scored a slight beat on revenue, with its $10.30 billion in revenue nudging above the $10.26 billion projected by analysts.
The company said that organic net sales “finished below our expectations.”
General Mills updated guidance for organic sales to decline this fiscal year as concerns about the economy push consumers to spend less on snacks.