General Mills Q3 2024 earnings exceed expectations at $1.17 EPS amidst challenging growth conditions.

General Mills reported better-than-expected earnings in Q3 2024, with EPS at $1.17 against expectations of $1.04. The company has faced challenges in achieving growth due to more consumers seeking value, shifts in shopping habits, and colder temperatures limiting restaurant visits. Management sees emerging tailwinds, including moderating inflation, reduced supply chain disruptions, and improved consumer confidence in the US economy.