General Mills, Inc. (GIS) Q3 2018 Earnings Results

General Mills Misses on EPS, Stock Down 8.85%

The earnings report indicates that General Mills is struggling with cost pressures and market challenges, leading to a slight miss on EPS. The stock reacted negatively, dropping 8.85% as investors may be concerned about the company's ability to navigate these issues moving forward. Without any guidance provided, uncertainty remains about future performance.

The print

Key numbers

Actual vs. consensus

Metric	Actual	Expected	Surprise
EPS	$0.79	N/A	-0.37%

Management

Management commentary

Tone: Defensive

Management expressed concerns about current market conditions and cost pressures affecting profitability. They emphasized a commitment to their long-term strategy despite short-term challenges.

We are facing challenges in our key markets.

Cost pressures are impacting our margins.

We remain focused on our long-term strategy.

General Mills Misses on EPS, Stock Down 8.85%

Key numbers

Management commentary

General Mills, Inc.

More earnings this week

General Mills Misses on EPS, Stock Down 8.85%

Key numbers

Management commentary