General mills reports fiscal 2020 second-quarter results and reaffirms full-year guidance

General mills reports fiscal 2020 second-quarter results and reaffirms full-year guidance.q2 adjusted earnings per share $0.95.q2 earnings per share estimate $0.88 -- refinitiv ibes data.general mills reports fiscal 2020 second-quarter results and reaffirms full-year guidance.reaffirms full-year fiscal 2020 guidance for sales, profit, and eps and raises guidance for free cash flow conversion.qtrly net sales of $4.4 billion were flat to last year.fy2020 earnings per share view $3.36, revenue view $17.22 billion -- refinitiv ibes data.now expects 2020 free cash flow conversion of at least 105% of adjusted after-tax earnings.q2 net sales for the pet segment increased 16 percent to $389 million.second-quarter net sales for general mills' north america retail segment totaled $2.68 billion, essentially matching year-ago levels.second-quarter net sales for convenience stores & foodservice segment were in line with last year at $514 million.general mills ceo says "will build on our topline momentum in second half, fueled by increased investment in our brands".q2 revenue view $4.43 billion -- refinitiv ibes data.
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