Shares of General Mills Inc. shot up 5.8% toward a 1-year high in premarket trade Wednesday, after the branded consumer foods company reported a fiscal...
Shares of General Mills Inc. GIS, -0.80% shot up 5.8% toward a 1-year high in premarket trade Wednesday, after the branded consumer foods company reported a fiscal third-quarter profit that beat expectations, and raised its full-year outlook. Net income for the quarter to Feb. 24 fell to $446.8 million, or 74 cents a share, from $941.4 million, or $1.62 a year ago, which included a tax-reform related benefit.
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