General Mills (GIS) Gains A Fresh Valuation Look As Earnings Beat And Cost Plan Land

General Mills (GIS) has attracted new investor attention after reporting adjusted EPS and revenue that exceeded expectations, alongside the announcement of a US$3 billion cost-saving plan. Despite a recent 9.14% share price rebound over 90 days, the stock is still down 19.31% year-to-date and 21.36% over the last year. The article suggests GIS is currently trading at an inferred discount to its estimated fair value of $37.88, although its P/S ratio of 1.1x is higher than the US Food industry average.