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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.
Tags: general
continue
profit
revenue
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.
Tags: general
stock
quarter
guidance
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
General Mills cuts sales, profit...
2014-11-07 16:08:56| Food - Topix.net
General Mills cuts its sales and profit outlook for the year on Friday, citing persistent sales weakness in the U.S. food industry. The maker of Cheerios cereal, Yoplait yogurt and Progresso canned soups had already announced this summer plans to slash costs in response to weak sales.
Tags: general
sales
profit
cuts
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