The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
General Mills' stock surged 8.5% after the company reported Q4 adjusted earnings of $0.95 per share, beating estimates of $0.82. Management highlighted exceptional growth in the cat food segment amid the 'humanization' of pets trend. The company also announced a restructuring plan aiming to cut costs by $3 billion by mid-2030.