General Mills reported fourth-quarter revenue of $4.61 billion, a 1.2% increase from a year ago, while earnings per share rose to $0.95 from $0.74. Revenue edged past the Zacks Consensus Estimate of $4.6 billion by 0.13%, and EPS beat the consensus of $0.82 by 16.48%. Among its segments, North America Retail net sales fell 3.6% to $2.47 billion, missing the $2.49 billion estimate, while International net sales surged 16.2% to $858.4 million, above the $840.1 million forecast. North America Pet net sales grew 4% to $702.4 million, below the $717.24 million estimate, and North America Foodservice net sales slipped 0.8% to $574.6 million, missing the $581.13 million estimate. Operating profit exceeded analyst expectations across all four segments.
General Mills IncEPS beat consensus by 16.48% and revenue slightly exceeded estimates, indicating strong financial performance.