General Mills Beats Quarterly Estimates
General Mills surpassed first-quarter profit and sales estimates as resilient demand for at-home food offset higher input costs. The company reaffirmed its annual forecast despite facing persistent margin pressures from inflation and tariffs.
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GENERAL MILLS INC posted first-quarter sales of $4.39B and earnings of 75 cents per share on Wednesday, beating analyst estimates. The maker of Cheerios reaffirmed its annual forecast as steady at-home food demand offset higher input costs. The results top consensus expectations of $4.35B in revenue and 75 cents in EPS.
