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General Mills, Inc (NYSE:GIS) Q1 2024 Earnings Call Transcript

General Mills, Inc. (NYSE:GIS) Q1 2024 Earnings Call Transcript September 20, 2023 General Mills, Inc. beats earnings expectations. Reported EPS is $1.09, expectations were $1.08. Operator: Greetings, and welcome to the General Mills Q1 Fiscal ’24 Earnings Call. During the presentation, all participants will be in a listen-only mode. Afterwards, we will conduct a question-and-answer […]

General Mills favors remarkable brand building over deep discounts to win consumers

General Mills eked out low single-digit sales gains in the first quarter thanks in part to higher prices pushed through late in fiscal 2023 to offset inflation, but the gains cost the company volume and market share as consumers become “increasingly cautious,” executives told investors yesterday during the company first quarter earnings call.

General Mills favors remarkable brand building over deep discounts to win consumers

General Mills eked out low single-digit sales gains in the first quarter thanks in part to higher prices pushed through late in fiscal 2023 to offset inflation, but the gains cost the company volume and market share as consumers become “increasingly cautious,” executives told investors yesterday during the company first quarter earnings call.

General Mills favors remarkable brand building over deep discounts to win consumers

General Mills favors remarkable brand building over deep discounts to win consumers
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General Mills first quarter 2024: market share, profits slip as prices stabilize

General Mills first quarter 2024: market share, profits slip as prices stabilize
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