Stock Track | General Mills Soars 5.11% in Pre-Market on Earnings Beat and $3 Billion Cost Savings Plan

Stock Track

Jul 01

General Mills' stock surged 5.11% in pre-market trading following the release of its fourth-quarter financial results, which exceeded analyst expectations.

The Cheerios maker reported adjusted earnings per share of $0.95, beating the consensus estimate of $0.80 by 18.75%. Quarterly sales of $4.610 billion also topped estimates of $4.595 billion. The company attributed strong demand to an increase in consumers choosing to eat at home over dining out, which boosted its pantry staples and breakfast cereals.

Additionally, General Mills announced a significant cost savings plan, targeting $3 billion in cumulative savings by fiscal 2030, with at least $750 million expected in fiscal 2027. The company provided guidance for fiscal 2027, expecting adjusted diluted EPS in the range of $3.00 to $3.20, compared to the FactSet estimate of $3.13.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers HK | Online Trading in stocks, bonds & ETFS","description":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","keywords":"tiger trading,tiger security,tiger broker hk,tigers co ltd,tiger trade hk,tiger brokers hk,stock broker,securities broker,online brokerage,hong kong broker,hk broker,online stock trading,online trading platform,stock trading platforms,trading application,stock trading,stock trading hong kong,buying stocks in hong kong,tiger brokers","social":{"ogDescription":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.gotigerhk.com/news/1107537681"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"HKG","license":"TBHK","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1107537681\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1107537681?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-07-01 19:13","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1107537681","market":"us","top_or_hot":-1,"title":"Stock Track | General Mills Soars 5.11% in Pre-Market on Earnings Beat and $3 Billion Cost Savings Plan","media":"Stock Track","content":"<p>General Mills' stock surged 5.11% in pre-market trading following the release of its fourth-quarter financial results, which exceeded analyst expectations.</p><p>The Cheerios maker reported adjusted earnings per share of $0.95, beating the consensus estimate of $0.80 by 18.75%. Quarterly sales of $4.610 billion also topped estimates of $4.595 billion. The company attributed strong demand to an increase in consumers choosing to eat at home over dining out, which boosted its pantry staples and breakfast cereals.</p><p>Additionally, General Mills announced a significant cost savings plan, targeting $3 billion in cumulative savings by fiscal 2030, with at least $750 million expected in fiscal 2027. The company provided guidance for fiscal 2027, expecting adjusted diluted EPS in the range of $3.00 to $3.20, compared to the FactSet estimate of $3.13.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | General Mills Soars 5.11% in Pre-Market on Earnings Beat and $3 Billion Cost Savings Plan</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | General Mills Soars 5.11% in Pre-Market on Earnings Beat and $3 Billion Cost Savings Plan\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2026-07-01 19:13</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>General Mills' stock surged 5.11% in pre-market trading following the release of its fourth-quarter financial results, which exceeded analyst expectations.</p><p>The Cheerios maker reported adjusted earnings per share of $0.95, beating the consensus estimate of $0.80 by 18.75%. Quarterly sales of $4.610 billion also topped estimates of $4.595 billion. The company attributed strong demand to an increase in consumers choosing to eat at home over dining out, which boosted its pantry staples and breakfast cereals.</p><p>Additionally, General Mills announced a significant cost savings plan, targeting $3 billion in cumulative savings by fiscal 2030, with at least $750 million expected in fiscal 2027. The company provided guidance for fiscal 2027, expecting adjusted diluted EPS in the range of $3.00 to $3.20, compared to the FactSet estimate of $3.13.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GIS","symbol_name":"通用磨坊","start_time":0,"source_url":"","article_id":"1107537681","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1107537681","pubTimestamp":1782904383,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"General Mills' stock surged 5.11% in pre-market trading following the release of its fourth-quarter financial results, which exceeded analyst expectations.The Cheerios maker reported adjusted...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"GIS":"通用磨坊"},"translate_title":"个股追踪|通用磨坊盘前大涨5.11%盈利超预期及30亿美元成本节约计划","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GIS":1},"content_text":"General Mills' stock surged 5.11% in pre-market trading following the release of its fourth-quarter financial results, which exceeded analyst expectations.The Cheerios maker reported adjusted earnings per share of $0.95, beating the consensus estimate of $0.80 by 18.75%. Quarterly sales of $4.610 billion also topped estimates of $4.595 billion. The company attributed strong demand to an increase in consumers choosing to eat at home over dining out, which boosted its pantry staples and breakfast cereals.Additionally, General Mills announced a significant cost savings plan, targeting $3 billion in cumulative savings by fiscal 2030, with at least $750 million expected in fiscal 2027. The company provided guidance for fiscal 2027, expecting adjusted diluted EPS in the range of $3.00 to $3.20, compared to the FactSet estimate of $3.13.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}