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General Mills posts Q3 earnings miss, net sales down 8%
General Mills Inc. reported a third-quarter earnings miss, with adjusted EPS falling short of analyst expectations and net sales declining 8% year-over-year. Despite these shortfalls, the company reaffirmed its full-year fiscal 2026 guidance, expecting organic net sales to decline 1.5% to 2%. CEO Jeff Harmening noted that while investments and divestitures contributed to declines, volume and market share improved.