07:24 AM EDT, 09/18/2024 (MT Newswires) -- General Mills ( GIS ) reported fiscal Q1 adjusted earnings Wednesday of $1.07 per diluted share, down from $1.09 a year earlier.

Analysts polled by Capital IQ expected $1.06.

Net sales for the quarter ended Aug. 25 were $4.85 billion, down from $4.90 billion a year earlier.

Analysts surveyed by Capital IQ expected $4.80 billion.

General Mills ( GIS ) reiterated its fiscal 2025 adjusted earnings per share outlook of a 1% decline to a 1% increase.

Shares of General Mills ( GIS ) were down more than 1% in recent premarket activity.

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