USA: General Mills reports record first-quarter results
General Mills (NYSE:GIS) today reported record results for its fiscal 2002 first quarter. Sales for the 13 weeks ended Aug. 26, 2001, grew 6 percent to $1.77 billion, fueled by 5 percent growth in the company's worldwide unit volume. Net diluted earnings per share (EPS) grew to 64 cents, up 16 percent from 55 cents reported a year earlier. The 64-cent total included a 3-cent net gain from unusual items, and a 1-cent charge representing the cumulative effect of adopting new accounting standard SFAS No. 133 for derivatives and hedging activities.
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.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Dean Best, editor of just-food
- Unilever 2016 investor day - the top takeaways
- The key questions for digital strategists in 2017
- Have food promotions reached tipping point?
- Mondelez goes beyond certified cocoa - analysis
- ABF on Brexit, M&A and grocery - interview
- Nestle unveils process to cut sugar by 40%
- Japan's Nagatanien buys Chaucer Food Group
- Unilever focuses on "value" of spreads arm
- B&G acquires pasta sauce group Victoria Fine Foods
- General Mills jobs to go in business revamp