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WOLF
@WOLF_Financial
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๊ฐ€์ž… September 2020
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GENERAL MILLS $GIS JUST REPORTED Q1 EARNINGS - Revenue: $4.4B, beating est. of $4.35B ๐ŸŸข - Adj EPS: $0.75, beating est. of $0.72 ๐ŸŸข (-13% CC) - Adjusted Oper Profit: $634M - Organic Net Sales Growth: Flat - North America Retail: $2.5B (-3% organic) - International: $794.3M (+4% organic) - North America Pet: $612.8M (flat organic) - North America Foodservice: $523.1M (+4% organic) Reaffirms FY27 Guidance: - Organic Net Sales: -1.5%-+0.5% - Adjusted Operating Profit: -13% to -8% CC - Adj EPS: $3.00-$3.20/share - FCF Conversion: ~95% of adjusted after-tax earnings
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