General mills says co experienced unprecedented increase in consumer demand for food at home in march

General mills provides operational update and raises fiscal 2020 outlook.general mills - to date, all manufacturing & distribution facilities have continued to operate without significant disruption related to covid-19.general mills - in march, experienced unprecedented increase in consumer demand for food at home.general mills - while magnitude of increased at-home food demand moderated in april, remained significantly elevated compared to pre-covid-19 levels.general mills - in contrast, has seen a substantial decline in away-from-home food demand since onset of pandemic.general mills - raised financial expectations for q4 of fiscal 2020 to reflect stronger than anticipated at-home food demand in march and april.general mills inc - expects q4 organic net sales to increase double digits versus prior year, led by strong growth in north america retail and pet.general mills inc - q4 constant-currency adjusted operating profit is expected to grow faster than organic net sales.general mills inc - expects to exceed full-year fiscal 2020 guidance ranges of 1 to 2 percent organic net sales growth.general mills inc - expects to exceed fy fiscal 2020 guidance ranges of 4 to 6 percent growth in constant-currency adjusted operating profit.general mills - expects to exceed fy fiscal 2020 guidance ranges of 6 to 8 percent growth in constant-currency adjusted diluted earnings per share.
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