General Mills Inc (NYSE:GIS)
$ 70.13 -0.5 (-0.71%) Market Cap: 39.59 Bil Enterprise Value: 51.86 Bil PE Ratio: 16.08 PB Ratio: 4.19 GF Score: 75/100

Q3 2021 General Mills Inc Earnings Call - Question & Answer Session Transcript

Mar 24, 2021 / 01:00PM GMT
Release Date Price: $58.62 (-4.20%)
Operator

Greetings, and welcome to the fiscal 2021 Q3 earnings call. (Operator Instructions) As a reminder, this conference is being recorded Wednesday, March 24, 2021. I would now like to turn the conference over to Jeff Siemon, VP of Investor Relations. Please go ahead.

Jeff Siemon
General Mills, Inc. - VP of IR

Thanks, Jennifer, and good morning to everyone. On behalf of my colleagues at General Mills, thanks for joining us. We are looking forward to have our live Q&A session on our third quarter results. I hope everyone had a chance to review our press release, listen to our prepared remarks and view our presentation materials, which are made available this morning on our Investor Relations site. Also refer to the press release we issued yesterday announcing our proposed sale of our European Yoplait operations to Sodiaal. I'll just note that in regard to that transaction, we have a memorandum of understanding and that is still subject to appropriate labor consultations, regulatory filings and other customary closing conditions, and we expect to close that

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