General Mills Reports Fiscal 2024 Fourth-quarter and Full-year Results and Provides Fiscal 2025 Outlook
elijahshevchenko.substack.com
Financial Highlights and Market Reaction Full Year Highlights: Net Sales: $19.9 billion, down 1% from the previous year; organic net sales decreased by 1%. This slight decline reflects the challenges in a competitive market. Quote: “The 1% decline in net sales is a reflection of the competitive pressures and changing consumer behaviors we faced over the past year,” explained CFO Kofi Bruce.
General Mills Reports Fiscal 2024 Fourth-quarter and Full-year Results and Provides Fiscal 2025 Outlook
General Mills Reports Fiscal 2024…
General Mills Reports Fiscal 2024 Fourth-quarter and Full-year Results and Provides Fiscal 2025 Outlook
Financial Highlights and Market Reaction Full Year Highlights: Net Sales: $19.9 billion, down 1% from the previous year; organic net sales decreased by 1%. This slight decline reflects the challenges in a competitive market. Quote: “The 1% decline in net sales is a reflection of the competitive pressures and changing consumer behaviors we faced over the past year,” explained CFO Kofi Bruce.