General Mills rises after upbeat quarterly results

General Mills

01/07/2026 14:43

** Shares of packaged food maker General Mills GIS.N up 5.6% at $36.80
** GIS posts better-than-expected Q4 results, helped by higher prices and resilient demand for pantry staples
** Reports quarterly adjusted EPS of 95 cents, beating estimates of 80 cents, while sales of $4.61 billion narrowly beat expectations of $4.60 billion, according to data compiled by LSEG
** Sees full-year adjusted EPS of $3 to $3.20 compared with expectations of $3.13 per share and organic net sales to be in the range of a 1.5% drop to a 0.5% rise, compared with a 2% drop in fiscal 2026
** Including session's moves, stock has risen 21% YTD

 (Reporting by Neil J Kanatt in Bengaluru)
 ((Neil.JKanatt@thomsonreuters.com;))