General Mills (GIS) Q3 2019 Earnings Call
Cheerios-maker General Mills sees Q3 earnings fall on lack of tax benefits
March 20, 2019
Cheerios-maker General Mills (GIS) announced its third-quarter 2019 earnings before the markets opened on March 20.
Net sales jumped 8% to $4.20 billion in the quarter, On a constant-currency basis, net sales rose 10% driven by the addition of Blue Buffalo. Organic net sales inched 1% higher on positive net price realization and mix, partially offset by lower contributions from volume.