GIS Q1 Earnings Beat Estimates, Organic Sales Down 3% Y/Y
Key Takeaways General Mills posted EPS of 4.52B, with organic sales down 3% on weak price/mix and trade expense timing.GIS saw margin pressure as adjusted gross margin slid 120 bps and operating profit dropped 18%.General Mills, Inc. (GIS) reported first-quarter fiscal 2026 results, wherein the top and bottom lines surpassed the Zacks Consensus Estimate. Both earnings and net sales declined year over year. Genera ...