Normal Mills, Inc. (NYSE: GIS) reported its fourth quarter 2024 earnings outcomes right now.

Web gross sales decreased 6% year-over-year to $4.7 billion. Natural internet gross sales had been down 6%. 

Web earnings attributable to Normal Mills was $558 million, down 9% from final yr. GAAP EPS declined 5% to $0.98 whereas adjusted EPS of $1.01 was down 10% in fixed forex.

Earnings beat expectations whereas income missed estimates.

For fiscal yr 2025, natural internet gross sales are anticipated to vary between flat and up 1%. Adjusted EPS is predicted to vary between down 1% and up 1% in fixed forex from the bottom of $4.52 earned in fiscal yr 2024.

The inventory fell over 4% in premarket hours on Wednesday, following the announcement.

Prior efficiency