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GIS · General Mills Inc
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Market Cap
$18.35B
Shares
534.69M
Volume · Nov 13 6.69M Avg daily vol (3M) 9.46M
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Earnings call · FY2023 Q2

General Mills Inc (GIS) Q2 2023 Earnings Call

Concluded Sep 20, 2023
Sep 20, 2023
Period
FY2023 Q2
Runtime
—
Sources
2 artifacts
Revenue $5.22B +3.9% YoY
Diluted EPS $1.01 +4.1% YoY
Gross margin 32.7% +0.2 pp YoY
Net income $605.90M +1.5% YoY
Open full screen 8-K 10-Q

Executive readout · one minute

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Forward guidance

1 guided metrics

Management's latest ranges and targets are included below.

Research coverage

2 live sources

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Forward guidance

From the 8-K filed Sep 20, 2023.

Metric Guided
Free cash flow conversion
full-year fiscal 2024
at least 95%

Quarter detail

How the reported period landed and where the business moved.

Revenue · products & services

Snacks$1.10B +16.4% YoY
Cereal$810.90M +9.3% YoY
Convenient Meals$786.40M -0.4% YoY
Dough$745.60M +22.8% YoY
Pet Segment$593.70M
Baking Mixes and Ingredients$563.70M +9% YoY
Yogurt$357.50M -29.5% YoY
Super Premium Ice Cream$164.90M -17.6% YoY

Capital returned

Dividend / share
$0.59
Full-screen source Call document