General Mills beat fourth-quarter profit estimates
General Mills beat fourth-quarter profit estimates July 1 (Reuters) - General Mills GIS.N beat fourth-quarter profit estimates on Wednesday, as an increase in consumers choosing to eat at home over dining out boosted demand for the Cheerios maker's pantry staples and breakfast cereals.
On an adjusted basis, the company posted a quarterly profit per share of 95 cents. Analysts on average estimated 80 cents, according to data compiled by LSEG.
(Reporting by Koyena Das in Bengaluru; Editing by Joyjeet Das)
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