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General Mills stock drops as soft Q4 sales and weak FY26 EPS outlook weigh on investor sentiment.
Hormel Foods Corp. and General Mills Inc. are revising their cereal-bacon mash-up partnership of last year, but they're reversing it — the bacon flavor is going on the cereal.
General Mills shares fell Wednesday after the cereal maker's fiscal 2025 fourth-quarter sales came in short of estimates and it projected a bigger-than-expected profit decline for the new fiscal year.
General Mills is particularly vulnerable to changing consumer preferences and health trends, given its reliance on cereal, snacks, and convenient foods (52% of fiscal 2025 sales).
MINNEAPOLIS — General Mills, Inc. has introduced a new cereal offering in partnership with Hormel Black Label: Cinnamon Toast Crunch bacon flavored cereal. Building off the success of last year ...
General Mills said organic sales could fall again in the current fiscal year as consumers continue to spend less on snacks, despite efforts to return to growth.
Cinnamon Toast Crunch and Hormel Black Label bacon have collaborated to produce bacon-flavored cereal, General Mills said in a news release Monday.
General Mills continues to struggle with sales growth and declining EPS, underperforming the market despite its reputation for stability and dividends. Learn more on GIS stock here.
General Mills closed out its 2024/25 fiscal year with another quarter of lower organic sales – and its outlook disappointed the market.
None of these results were exactly confidence-building. The pet segment is the one bright spot for General Mills just now, and much of its growth was due to the company's continuing acquisition spree.
RBC Capital Markets upgraded General Mills (NYSE:GIS) to an Outperform rating after having the packaged food stock slotted at Sector Perform. Analyst Nik Modi acknowledged that investor sentiment ...
For its fourth quarter of fiscal 2025, General Mills posted net sales of $4.6 billion, representing a decrease of 3% on a year-over-year basis. Worse, net income under generally accepted ...
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