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General Mills, Inc. reported earnings results for the third quarter and nine months ended February 25, 2024. For the third quarter, the company reported sales was USD 5,099.2 million compared to USD 5,125.9 million a year ago. Net income was USD 670.1 million compared to USD 553.1 million a year ago. Basic earnings per share from continuing operations was USD 1.18 compared to USD 0.94 a year ago. Diluted earnings per share from continuing operations was USD 1.17 compared to USD 0.92 a year ago.For the nine months, sales was USD 15,143.3 million compared to USD 15,064.2 million a year ago. Net income was USD 1,939.1 million compared to USD 1,979 million a year ago. Basic earnings per share from continuing operations was USD 3.35 compared to USD 3.32 a year ago. Diluted earnings per share from continuing operations was USD 3.33 compared to USD 3.28 a year ago.
Period Ending: | Feb 25, 2024 | Nov 26, 2023 | Aug 27, 2023 | May 28, 2023 |
---|---|---|---|---|
Total Revenue | 5099.2 | 5139.4 | 4904.7 | 5030 |
Gross Profit | 1708 | 1774.2 | 1770.5 | 1735.4 |
Operating Income | 935.7 | 963.8 | 948.2 | 897.2 |
Net Income | 670.1 | 595.5 | 673.5 | 614.9 |
Period Ending: | Feb 25, 2024 | Nov 26, 2023 | Aug 27, 2023 | May 28, 2023 |
---|---|---|---|---|
Total Assets | 30860.5 | 31233.4 | 31319.7 | 31451.7 |
Total Liabilities | 21169.2 | 21601.5 | 20804.3 | 20751.7 |
Total Equity | 9691.3 | 9631.9 | 10515.4 | 10700 |
Period Ending: | Feb 25, 2024 | Nov 26, 2023 | Aug 27, 2023 | May 28, 2023 |
---|---|---|---|---|
Period Length: | 0 Months | 0 Months | 0 Months | 0 Months |
Cash From Operating Activities | 943.1 | 1117.7 | 378.1 | 751.6 |
Cash From Investing Activities | -191.4 | -180.7 | -135.5 | -340.3 |
Cash From Financing Activities | -754 | -839.4 | -334.2 | -448.5 |
Net Change in Cash | -5.2 | 102.9 | -94.6 | -33.2 |
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