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General Mills (GIS) is in for a tough 2025 as it tries to sell its lineup of cereals and snacks. The Cheerios maker reported earnings on Wednesday that included lower guidance. It expects organic ...
General Mills misses third-quarter sales estimates Retailers' inventory reduction impacts quarterly sales Plans new cost-saving initiatives for fiscal 2026 Forecasts sharp decline of 7% to 8% in ...
General Mills shares fell after the cereal giant cut its annual guidance. The maker of Lucky Charms said sales fell 5% last quarter, driven by a slowdown in its snack business and retailers ...
General Mills shares are falling in premarket trading Wednesday after the company issued a downbeat outlook and posted quarterly sales that undershot forecasts. The cereal giant "expects ...
MINNEAPOLIS — General Mills, Inc. sees cost savings and reinvestment as the path to recharging growth after a weak third quarter triggered a hefty reduction in the company’s fiscal 2025 guidance.
(Reuters) -General Mills cut its annual sales and profit forecasts on Wednesday, as the Pillsbury owner takes a hit from choppy demand for salty snacks and pet food in North America amid ...