Company Overview - General Mills, Inc. is a global manufacturer and marketer of branded consumer foods, founded in 1866 and based in Minneapolis, Minnesota, with a market capitalization of $25.5 billion [1] - The company operates through four segments: North America Retail, International, North America Pet, and North America Foodservice, offering products such as ready-to-eat cereals, convenient meals, and snacks under various brands [1] Stock Performance - Over the past year, General Mills shares have declined by 19.9%, while showing a year-to-date growth of 3% in 2026 [2] - In comparison, the S&P 500 Index has returned 14% over the past year and increased by 1.3% in 2026 [2] - The company's stock has underperformed the State Street Consumer Staples Select Sector SPDR ETF, which rose by 10.7% over the past 52 weeks and 13.2% this year [3] Financial Performance - General Mills has reported declining sales over the past two years, indicating a decrease in demand for its products, with revenue expected to remain flat over the next year according to Wall Street analysts [6] - For the fiscal year ending in May 2026, analysts anticipate a 13.3% year-over-year decline in adjusted EPS to $3.65 [7] - The company has a history of earnings surprises, having surpassed bottom-line estimates in each of the past four quarters [7] Analyst Ratings - General Mills currently holds a consensus "Hold" rating, with 20 analysts covering the stock, including three "Strong Buys," one "Moderate Buy," 13 "Holds," and three "Strong Sells" [7] - On January 5, Wells Fargo analyst Christopher Carey maintained a "Hold" rating and lowered the price target from $51 to $49 [8]

Company Overview - General Mills (GIS) is a global manufacturer and marketer of branded consumer foods, with principal product categories including ready-to-eat cereals, convenient meals, snacks, yogurt, super-premium ice creams, and baking mixes [1]. Stock Performance - GIS shares have experienced consistent selling pressure over the past year, declining 26%, while the S&P 500 has gained 17% [3]. - Despite regularly exceeding consensus EPS expectations, quarterly results have not improved share performance [3]. Financial Performance - Organic net sales decreased by 3% year-over-year, attributed to lower volumes and an unfavorable price mix [4]. - The company's gross margin fell by 340 basis points to 32.4% during the latest quarter, indicating a significant impact on profitability [4]. - Operating profit dropped to $504 million, a 35% decline year-over-year [4]. Management Outlook - CEO Jeff Harmening expressed confidence in the company's fiscal 2026 plans, emphasizing a framework focused on "remarkability" and positive early returns from Q4 investments [4]. Analyst Sentiment - Analysts have adopted a bearish stance on GIS, resulting in a Zacks Rank 5 (Strong Sell) due to negative earnings estimate revisions [8]. - The next earnings release is expected in mid-September, with sales revisions also reflecting a bearish outlook [7].