USA: General Mills report encouraging Q3 results
US food giant General Mills revealed yesterday (14 March) that Q3 fiscal earnings rose 3%, exceeding analysts' expectations and defying increased debt costs incurred through share buy back schemes and acquisitions. Earnings amounted to US$157.5m, or 54 cents a share, 3% up from the US$153.3m, or 50 cents per share, posted a year previous. The Minneapolis-based company reiterated that it is expecting 10% growth in earnings for the full year.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-food gives you the widest food market coverage.
Paid just-food members have unlimited access to all our exclusive content - including 16 years of archives.
It’s our best ever membership offer – just for you.
Dean Best, editor of just-food
- Analysis: Tyson's shrewd investment in Beyond Meat
- Nestle India grows with global, digital innovation
- Thailand: convenience to continue to thrive
- Focus: Thai demographics drive health categories
- The promise of fledgling Czech gluten-free market
- Mars launches Maltesers in the US
- Bel takes majority stake in MOM Group
- Campbell backs US nutrition start-up Habit
- Nestle's Buitoni to remove GMOs
- Unilever in continuing price spat with Musgrave
- The Big 15: Strategies and Priorities of Top Packaged Food Players in Comparison
- Omega-3 in Food and Beverage:Time for a Reboot?
- Packaged Food: Quarterly Statement Q3 2016
- Global Food Packaging: Innovating for Greater Convenience and Quality Image
- Constellation Brands, Inc. (STZ) - Financial and Strategic SWOT Analysis Review