General Mills sees slump in snack sales as customers focus on essentials
The packaged-food giant’s CEO doesn’t think it needs to play into “a race to the bottom on pricing,” and should instead ...
Cereal Giant General Mills Stock Drops on Downbeat Outlook
General Mills shares are falling in premarket trading Wednesday after the cereal giant issued a downbeat outlook and posted quarterly sales that undershot forecasts.
Pillsbury Maker General Mills Cautions About Economic Uncertainty After Q3 Revenue Dip
General Mills saw a 5% decrease in Q3 FY25 sales to $4.84 billion, missing analyst expectations. Despite organic net sales ...
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General Mills: Strong EPS, Lower Outlook
General Mills reported stronger-than-expected earnings for Q2 2025, but the outlook for the full year was revised downwards. While the quarter showed growth, favorable timing benefits such as ...
General Mills forecasts hit to annual sales, profit as snacking demand slows
General Mills cut its annual sales and profit forecasts on Wednesday, as the Pillsbury owner takes a hit from choppy demand ...
Snacking Slowdown Hits General Mills
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 reducing ...
General Mills Stock Tumbles on Sales Miss and Weak Fiscal-Year Guidance
General Mills stock slumped in premarket trading Wednesday after the cereal maker reported a sales miss for its third fiscal ...
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General Mills Cuts Full-Year Outlook Following Fiscal Third-Quarter Sales Miss
General Mills (GIS) lowered its full-year outlook on Wednesday and reported fiscal third-quarter revenue below expectations as the Cheerios and Dunkaroos maker faced inventory headwinds and a slowdown ...