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General Mills Q4 net sales increased 16 percent

Christian Fernsby |
General Mills (GIS) reported fourth quarter net sales were $5.0 billion, up 21 percent from last year.


Organic net sales increased 16 percent, for the quarter.

The company noted that, to date, all General Mills manufacturing and distribution facilities have continued to operate without significant disruption related to coronavirus.

General Mills said the company is not currently providing an outlook for fiscal 2021 growth in organic net sales, adjusted operating profit, and adjusted earnings per share

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