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General Mills: reaffirms key financial targets

Minneapolis / MN. (gm) In conjunction with a presentation at the Barclays Global Consumer Staples Conference on September 07, General Mills Inc. reaffirmed its key financial targets for the fiscal year ending May 27, 2018. Organic net sales are expected to decline between 1 and 2 percent from 2017 levels. Total segment operating profit in constant currency is expected to range between flat and up 1 percent, and adjusted operating profit margin is expected to increase over year-ago levels. Fiscal 2018 adjusted diluted earnings per share (which excludes certain items affecting comparability) are expected to increase between 1 and 2 percent in constant currency, the company said in its statement.

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