General Mills - News

Ticker Symbol: GIS

General Mills News - Past

General Mills recorded a 32.8% decrease in their 2009 Q3 earnings to $288.9 million, or $0.85/share, versus $430.1 million, or $1.23/share, in the quarter one year ago. Net sales rose 3.9% to $3.54 billion from $3.40 billion. CEO Ken Powell attributed the quarter's weak results to higher input costs and stalwart year-ago results.

On April 17th, General Mills discontinued its Forno De Minas and Frescarini brands amid a restructuring of their Brazilian businesses.

General Mills News - Upcoming

General Mills is expected to report Q4 earnings on June 22, 2009. In March, the cereal and food products maker forecasted 2009 earnings of $3.87 to $3.89/share.

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