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General Mills Says Executing Its Accelerate Strategy To Drive Sustainable, Profitable Growth And Top-tier Shareholder Returns Over Long Term

Author: Benzinga Newsdesk | September 03, 2024 08:03am

General Mills reaffirmed its full-year financial targets for fiscal 2025¹:

Organic net sales are expected to range between flat and up 1 percent.
Adjusted operating profit is expected to range between down 2 percent and flat in constant currency, including a 2-point headwind from resetting incentive compensation after a below-average payout in the prior year.
Adjusted diluted EPS is expected to range between down 1 percent and up 1 percent in constant currency.
Free cash flow conversion is expected to be at least 95 percent of adjusted after-tax earnings.

Posted In: GIS