General Mills shares slide on slashed 2026 guidance
Yahoo Finance·2026-02-17 16:56
General Mills shares slide on slashed 2026 guidance Proactive uses images sourced from Shutterstock General Mills Inc (NYSE:GIS, XETRA:GRM) shares fell more than 7% on Tuesday after the consumer packaged goods company downwardly revised its 2026 outlook, citing weaker-than-expected consumer demand and heightened market uncertainty. The maker of Cheerios, Yoplait, and other major brands now expects organic net sales to decline 1.5% to 2% for the full year, compared with its prior forecast of a 1% decline t ...