General Mills has revised its adjusted operating profit forecast for fiscal year 2025 amid an “uncertain macro-economic backdrop for consumers” across key markets. The US-based Cheerios cereal ...
General Mills slashed its annual profit forecast on Wednesday as the Cheerios cereal maker ramps up promotions to attract cost-conscious consumers, sending shares down about 3%. General Mills cuts ...
General Mills (NYSE:GIS) fell in early trading on Wednesday after investors focused on the Minnesota-based company's lowered profit outlook over the FQ2 earnings beat on the top and bottom lines.
With the investment in price cuts and 10% boost to ad spending, General Mills expects operating profits to drop 2% to 4% for the fiscal year that ends in May, down from a forecast range of down 2% ...
(RTTNews) - General Mills (GIS) reported a profit for its second quarter that increased from the same period last year and beat the Street estimates. The company's earnings totaled $795.7 million ...
Operating profit itself was up by 7%, including a 6 percentage point benefit from timing. Despite the positive performance in the second quarter, General Mills has revised its full-year 2025 ...
While these investments lower our profit outlook for fiscal 2025, they better position General Mills for sustainable growth in fiscal 2026 and beyond. Amidst a dynamic external environment ...
The adjusted operating profit margin grew 100 bps to 20.3%. Starting the fiscal year 2025, General Mills has rebranded its previous Pet segment as North America Pet to emphasize that pet food ...