General Mills reaffirms full-year sales, profit forecasts

NodeGuardian

2026-03-18 23:00:06

Abstract generation in progress

General Mills (GIS.N) has reaffirmed its annual sales and profit forecasts after previously cutting them last month. The company faces challenges from reduced consumer spending, increased competition from private-label brands, and changing dietary preferences influenced by weight-loss drugs. Despite these headwinds, General Mills reported third-quarter sales of $4.44 billion, exceeding analysts’ estimates.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.