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General Mills updates target for fiscal 2015 growth

2014-11-11 01:08:59| Agriculture - Topix.net

General Mills, Minneapolis, recently announced that it's reducing its sales and earnings expectations for the fiscal year ending in May 2015 in response to continued weak U.S. food-industry trends and slowing growth in key emerging markets. General Mills' fiscal 2015 net sales in constant currency are now expected to grow at a low single-digit rate from the 2014 base of $17.9 billion.

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General Mills Lowers Revenue And Profit Targets As Struggles Continue

2014-11-09 22:08:22| Agriculture - Topix.net

The company announced a reduction of sales and earnings expectations, as they continue to respond to continued weak food industry trends. We did not anticipate this specific reduction in revenue and earnings forecasts, but recognized and discussed the continued weak food industry trends the company faces.

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General Mills downgraded to Hold from Buy at Deutsche Bank

2014-11-08 17:10:25| Agriculture - Topix.net

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General Mills (GIS) Stock Is Falling on Weak Second Quarter Earnings Guidance

2014-11-08 12:55:54| Agriculture - Topix.net

General Mills also lowered its sales guidance for the year ending in May to a low single-digit growth rate, compared with its previous forecasr for growth in the mid single-digits. The company cited the continued weak food industry trends in the U.S., as well as slowing growth in key emerging markets.

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General Mills (GIS) Stock Is Falling on Weak Second Quarter Earnings Guidance

2014-11-08 07:42:58| Food - Topix.net

General Mills also lowered its sales guidance for the year ending in May to a low single-digit growth rate, compared with its previous forecasr for growth in the mid single-digits. The company cited the continued weak food industry trends in the U.S., as well as slowing growth in key emerging markets.

Tags: general stock quarter guidance

 

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