General Mills is expected to report fiscal fourth-quarter revenue of $4.60 billion and earnings per share of $0.82, while the current stock price of $34.43 remains below the average analyst price target of $42.50.
Investors are primarily focused on the company's ability to drive volume recovery and a significant "step up" in organic net sales growth following recent periods of contraction.
The report follows a transformative fiscal year involving the strategic divestiture of the North American yogurt business and increased investments in brand innovation. Management is counting on favorable timing comparisons and improved market share momentum to return the packaged foods giant to sustainable profit growth.