General mills reports q4 earnings per share $1.02

General mills reports results for fiscal 2020 and outlines fiscal 2021 priorities.q4 adjusted earnings per share $1.10.q4 earnings per share $1.02.q4 sales $5.0 billion versus refinitiv ibes estimate of $4.9 billion.q4 earnings per share estimate $1.04 -- refinitiv ibes data.fourth-quarter net sales for general mills' north america retail segment increased 36 percent to $3.20 billion.fourth-quarter net sales for pet segment increased 37 percent to $555 million.fourth-quarter net sales for convenience stores & foodservice segment declined 24 percent to $393 million.general mills - expects largest factor impacting its fiscal 2021 performance will be relative balance of at-home versus away-from-home consumer food demand.general mills - expects largest factor impacting 2021 performance will be relative balance of at-home versus away-from-home consumer food demand.company is not currently providing an outlook for fiscal 2021.general mills - expects consumer concerns about covid-19 virus transmission,recession to drive elevated demand for food at home.general mills - to date, co's manufacturing and distribution facilities have continued to operate without significant disruption related to covid-19.expects net sales growth in 2021 will be positively impacted by co's execution as well as elevated at-home food demand.general mills - 2021 net sales growth may be negatively impacted by potential reduction in consumers' at-home food inventory.
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