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General Mills Warns Of Tariff Pressures But CEO Promises Innovation To Drive Sales
Yahoo Financeยท 2025-09-17 13:41
General Mills, Inc. (NYSE:GIS), the maker of Cheerios, Blue Buffalo pet food, and other household staples, reported fiscal 2026 first-quarter results that came in slightly ahead of Wall Street expectations, but shares traded lower after the release. Adjusted earnings per share came in at 86 cents per share, topping analyst estimates of 81 cents per share, while revenue of $4.52 billion edged past projections of $4.51 billion. Reported net sales fell 7% from a year earlier, weighed down by a 4-point drag f ...