Basic Mills, Inc. (NYSE: GIS) reported its second quarter 2025 earnings outcomes right this moment.
Internet gross sales elevated 2% year-over-year to $5.2 billion. Natural gross sales have been up 1%.
Internet earnings attributable to Basic Mills have been $796 million, up 34% in comparison with final 12 months. Earnings per share was up 39% to $1.42. Adjusted EPS of $1.40 was up 12% in fixed foreign money.
Income and earnings beat expectations.
For fiscal 12 months 2025, the corporate expects natural gross sales to vary between flat and up 1%. Adjusted EPS is now anticipated to vary between down 3% and down 1% in fixed foreign money, in comparison with the earlier vary of between down 1% and up 1%.
The inventory was down over 3% in premarket hours on Wednesday.
(This story will probably be up to date shortly with an infographic)
