General Mills, Inc. (NYSE:GIS) Q3 2024 Earnings Call Transcript

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General Mills, Inc. (NYSE:GIS) Q3 2024 Earnings Call Transcript March 20, 2024

General Mills, Inc. beats earnings expectations. Reported EPS is $1.17, expectations were $1.04. GIS isn't one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here).

Operator: Good morning. My name is Audra and I will be your conference operator today. At this time I would like to welcome everyone to the General Mills Third Quarter and Fiscal Year 2024 Earnings Call. Today's conference is being recorded. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question-and-answer session. [Operator Instructions] At this time, I would like to turn the conference over to Jeff Siemon, Vice President of Investor Relations and Treasurer. Please go ahead.

Jeff Siemon: Thank you, Audra, and good morning to everyone. Thank you for joining us this morning for our Q&A session on our third quarter fiscal 2024 results. I hope everyone had time to review the press release, listen to our prepared remarks, and view our presentation materials, which we made available this morning on our Investor Relations website. It's important to note that in our Q&A session, we may make forward-looking statements that are based on management's current views and assumptions. Please refer to this morning's press release for factors that could impact forward-looking statements and for reconciliations of non-GAAP information, which may be discussed on today's call. I'm here this morning with Jeffrey Harmening, our Chairman and CEO; and Kofi Bruce, our CFO. Let's go ahead and get right to the first question. So, Audra, if you can get us started, please.

A worker in a production facility packaging arbitrary food products, reflecting the company's commitment to comprehensive production standards.
A worker in a production facility packaging arbitrary food products, reflecting the company's commitment to comprehensive production standards.

Operator: [Operator Instructions] We'll go next, oh sorry, we'll go first to Andrew Lazar at Barclays.

Andrew Lazar: Great, thanks very much. Good morning, everybody.

Jeffrey Harmening: Good morning, Andrew.

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To continue reading the Q&A session, please click here.

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