Jul, 12, 2017
NEW YORK - General Mills executives updated investors and analysts on its global priorities for fiscal 2018 at the company’s annual Investor Day event at the New York Stock Exchange.
General Mills CEO Jeff Harmening, who transitioned to the role June 1, said the company remains committed to its Consumer First strategy and will look to global prioritization to unlock growth opportunities including opportunities in e-commerce.
Jun, 28, 2017
General Mills (NYSE: GIS) today reported results for the fourth quarter and full fiscal year ended May 28, 2017.
"Our fourth-quarter results finished in line with our expectations, with improved organic net sales trends in total and across three of our four operating segments," said General Mills Chief Executive Officer Jeff Harmening. "While we took important steps in fiscal 2017 to globalize our business structure, accelerate our cost-savings efforts, expand our margins, and drive growth in adjusted diluted EPS, our results on the topline fell well short of our standards. Our entire organization is moving with urgency in fiscal 2018 to meaningfully improve our net sales trends while keeping a sharp eye on our efficiency."