General Mills Lowers Performance Expectations
断刺
发表于 2023-12-21 10:05:26
1307
0
0
Yesterday, General Mills released its performance for the previous quarter. In the three months ending November 26th, General Mills achieved sales of $5.14 billion, a year-on-year decrease of 1.57%, lower than analysts' expectations of $5.35 billion. General Mills stated that it is currently expected that the sales recovery for this fiscal year will slow down due to "more cautious consumer economic prospects" and more intense competition on store shelves. The company currently expects organic sales to decline by 1% to remain stable throughout the fiscal year, compared to previous expectations of a growth of 3% to 4%; After annual adjustment, the expected profit growth range has been reduced to 4% to 5% calculated at a fixed exchange rate, compared to 4% to 6% previously.
CandyLake.com 系信息发布平台,仅提供信息存储空间服务。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
猜你喜欢
- Honeywell lowers its performance expectations for this fiscal year and reaches a settlement with Bombardier over engine litigation
- Intel suddenly announces' CEO retirement ', or due to underperformance
- Third quarter performance meeting: Combining long-term strategy with flexible strategy to see how Huazhu maintains growth resilience
- The revenue contribution of non live streaming business is increasing. Joyful Group: BIGO's profit is expected to stabilize and grow next year | Direct performance will be achieved
- C3.ai raises 2025 fiscal year performance guidance, US stocks rise more than 16% after closing
- Costco's first quarter performance exceeded expectations, and the US stock market rose more than 1% after closing
- Broadcom's fourth quarter performance slightly better than expected
- Focusing on AI demand, Pre REITs successfully implemented Century Internet (VNET. O) Q3 performance exceeded expectations and received high praise from multiple institutions
- Chip giant Micron Technology suddenly "exploded"! Performance guidance falls short of expectations
- Performance dragged down salary, Starbucks went on strike