General Mills, Inc. Reports Earnings Results for the Full Year Ended May 29, 2022
June 29, 2022 at 07:00 am EDT
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General Mills, Inc. reported earnings results for the full year ended May 29, 2022. For the full year, the company reported sales was USD 18,992.8 million compared to USD 18,127 million a year ago. Net income was USD 2,707.3 million compared to USD 2,339.8 million a year ago. Basic earnings per share from continuing operations was USD 4.46 compared to USD 3.81 a year ago. Diluted earnings per share from continuing operations was USD 4.42 compared to USD 3.78 a year ago.
General Mills, Inc. is one of the world's leaders in food groups. The group proposes cereal of breakfast, prepared meals, frozen vegetables, pizzas frozen, pasta ready for use, yoghurt, desserts, sauces, etc. notably under brands Cheerios, Pillsbury, Green Giant, Old El Paso, Progresso, Wheaties, Häagen-Dazs, Nature Valley, Betty Crocker and Wanchai Ferry. In addition, General Mills, Inc. sells pet food. The activity is organized around two markets:
- consumer distribution;
- catering and bakery: sale of products to restaurants, to bakeries, operators of vending machines and dishes as well as to cafeterias of schools and companies.
The United States account for 77.4% of net sales.
GENERAL MILLS, INC. 
