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General Mills reports results for ’20 Q3; Net sales worth $4.2 billion
date:Mar 26, 2020
the prior year.

Operating profit margin of 16.9 per cent was up 270 basis points. Constant-currency adjusted operating profit increased two per cent, driven by higher adjusted gross margin, partially offset by higher SGA expenses including higher media investment. Adjusted operating profit margin increased 40 basis points to 17.2 per cent.

Net earnings attributable to General Mills totalled $1.6 billion.

Diluted EPS of $2.54 was 30 per cent above prior-year levels. Adjusted diluted EPS of

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