General Mills, the parent company of popular brands like Cheerios and Häagen-Dazs, is anticipating that the acquisition deal will result in a 3% decrease in adjusted per-share earnings in the first year after closing. This dilutive impact is expected to affect the company’s financial performance temporarily following the completion of the transaction. Despite this initial decrease, General Mills remains confident in the long-term benefits and strategic value of the acquisition.
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Hillman (HLMN) Q2 Revenue Jumps 6%
Hillman Solutions (NASDAQ:HLMN) reported Q2 FY2025 GAAP revenue of $402.8 million, exceeding estimates of $389.8 million, with adjusted EPS of $0.17 surpassing the $0.14 forecast. Despite a 6.2% increase in net sales and strong customer relationships, the company faces challenges with free cash flow and customer concentration, primarily relying on major retailers like Home Depot and Lowe’s. Want More Context? 🔎
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