General Mills: targets raised for 2022-23
(CercleFinance.com) - General Mills, which operates the Cheerios, Häagen-Dazs and Yoplait brands, amongst others, has raised its guidance for FY 2022-23, announcing a continued strong performance in the market.
The food group is now targeting adjusted EPS growth of 7%-8% at constant exchange rates, adjusted operating profit growth of 6%-7% at constant exchange rates, and organic sales growth of around 10%.
With the consistent execution of its Accelerate strategy, General Mills is well positioned to continue to deliver profitable growth and leading shareholder returns in the years ahead, it added.
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