General Mills Q2 Results Top Estimates : vimarsana.com

General Mills Q2 Results Top Estimates


General Mills Q2 Results Top Estimates
Both adjusted earnings per share and quarterly revenues topped analysts' expectations.
General Mills expects that the COVID-19 pandemic will drive continued elevated consumer demand for food at home, relative to pre-pandemic levels, through the remainder of fiscal 2021. Third-quarter demand trends are expected to be generally consistent with recent months, due to ongoing virus concerns in many markets around the world.
The company expects to generate continued strong top- and bottom-line growth in the third quarter of fiscal 2021, with organic net sales growth roughly similar to the second quarter's growth rate and an adjusted operating profit margin in line with the year-ago period.

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