General Mills Reaffirms FY24 Outlook - Update

General Mills Cuts FY25 View Despite Q2 Above Market; Stock Drops

Shares of General Mills, Inc. were losing around 6 percent in the pre-market activity on the NYSE after the branded food company on Wednesday trimmed its fiscal 2025 earnings view, and said it sees net sales at the lower end of estimate range, citing increased promotional investment. This was despite reporting higher second-quarter profit and revenues, above market estimates.

RTTNews | Před 154 dny

General Mills Boosts FY23 Outlook As Q2 Results Top Estimates

Branded food company General Mills reported Tuesday a profit for the second quarter that edged up 1 percent from last year, driven by improved gross margins and 4 percent net sales growth. Both adjusted earnings per share and net sales topped analysts' estimates. The company also raised its adjusted earnings and organic net sales growth guidance for the full-year 2023.

RTTNews | Před 883 dny

General Mills Initiates FY23 Outlook; Boosts Qtly Dividend 6% - Update

While reporting financial results for the fourth quarter and fiscal 2022 on Wednesday, branded food company General Mills, Inc. (GIS) initiated constant-currency adjusted earnings per share and organic net sales growth guidance for the full-year 2023.

RTTNews | Před 1057 dny

Tech Shares May Weigh On Taiwan Stock Market

The Taiwan stock market has tracked higher in two straight sessions, collecting more than 280 points or 1.3 percent along the way. The Taiwan Stock Exchange now sits just above the 21,800-point plateau, although it's expected to open under pressure on Thursday.

RTTNews | Před 14 minutami

Singapore GDP Climbs 3.9% On Year In Q1

Singapore's gross domestic product expanded 3.9 percent on year in the first quarter of 2025, the Ministry of Trade and Industry said on Thursday.

RTTNews | Před 39 minutami

Singapore Bourse May Be Stuck In Neutral

The Singapore stock market has ticked higher in back-to-back sessions, collecting just 6 points or 0.15 percent in that span. The Straits Times Index now sits just above the 3,880-point plateau, although it may spin its wheels on Thursday.

RTTNews | Před 44 minutami

Japan Core Machinery Orders Surge In March

The total value of core machinery orders in Japan spiked 13.0 percent on month in March, the Cabinet Office said on Thursday - coming in at 1,090.9 billion.

RTTNews | Před 48 minutami

Losing Streak May Continue For Malaysia Stock Market

The Malaysia stock market has finished lower in five straight sessions, giving up almost 40 points or 2.8 percent along the way. The Kuala Lumpur Composite Index now sits just shy of the 1,545-point plateau and it's expected to open under pressure again on Thursday.

RTTNews | Před 1 h 14 min

EURUSD	1.13285	GBPUSD	1.3422	AUDUSD	0.64345
USDJPY	143.444	USDCAD	1.38595	USDCHF	0.82477

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General Mills Reaffirms FY24 Outlook - Update