|
|
Recent Articles
-
Dividend Increases/Decreases for the Week of July 11
Jul 11, 2025
-
Let's take a look at firms raising/lowering their dividends this week.
-
Constellation Brands Maintains Comparable Earnings Per Share Outlook
Jul 5, 2025
-
Image Source: Constellation Brands.
On July 1, beer, wine and spirits producer Constellation Brands reported disappointing first quarter fiscal 2026 results with revenue and non-GAAP earnings per share missing the consensus forecast. Comparable net sales dropped 6%, while comparable organic net sales fell 4%. Comparable operating income tumbled 11%, while comparable net income attributable to the company fell 12%. Comparable adjusted earnings before interest and taxes fell 13%, while comparable diluted net income per share dropped 10%, to $3.22. Shares yield 2.4% at the time of this writing.
-
Dividend Increases/Decreases for the Week of July 4
Jul 4, 2025
-
Let's take a look at firms raising/lowering their dividends this week.
-
General Mills’ Top Priority Is to Restore Volume-Driven Organic Sales Growth
Jun 28, 2025
-
Image: General Mills’ shares have been under pressure as of late.
On June 25, General Mills reported mixed fiscal fourth quarter results with revenue coming up short of forecasts, but non-GAAP earnings per share exceeding the consensus estimate. In the fourth quarter, net sales dropped 3% driven by lower pound volume and unfavorable net price realization and mix, while organic sales were also down 3%, in line with expectations. Adjusted gross margin was down 220 basis points. Adjusted operating profit of $622 million was down 22% in constant currency, while its adjusted operating profit margin fell 330 basis points year-over-year. Adjusted diluted earnings per share came in at $0.74, which was down 27% in constant currency.
|
