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General Mills Reaffirmed Its Fiscal 2025 Financial Targets: Organic Net Sales Are Expected To Range Between Flat And Up 1%; Adjusted Diluted Eps Is Expected To Range Between Down 1% And Up 1%

Author: Nabaparna Bhattacharya | September 18, 2024 07:06am

Based on the above assumptions, the company reaffirmed its full-year fiscal 2025 financial targets:

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.
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.
These targets do not reflect an impact from the proposed North American Yogurt divestitures. The company expects to incorporate the divestitures into its outlook after the transactions are closed.

Posted In: GIS