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Pillsbury Maker's Q1 Results Surprises Wall Street, Citing Lowering Inflation

General Mills Inc (NYSE: GIS) reported first-quarter FY24 sales growth of 4% year-on-year to $4.90 billion, beating the analyst consensus of $4.88 billion. Organic net sales increased 4%, driven by positive organic net price realization and mix. North America Retail segment sales increased 3% Y/Y to $3.1 billion. Pet segment sales remained flat at $580 million, while International segment sales jumped 10% to $716 million. Adjusted EPS of $1.09 topped the consensus of $1.08. Gross margin expanded
United States General Mills Inc America Retail General Mills Benzinga Pro Pillsbury Maker
Source: yahoo.com

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