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Post Holdings said Wednesday that it is closing two of its plants, citing a decline in demand for “ready-to-eat” cereals.
General Mills is particularly vulnerable to changing consumer preferences and health trends, given its reliance on cereal, snacks, and convenient foods (52% of fiscal 2024 sales). Losing market share ...
Virat Kohli will hope to make it 18th time lucky as he embarks this weekend on his latest quest to finally win the Indian Premier League while a 13-year-old could make tournament history. The high ...
General Mills GIS-0.89%decrease ... about the economy push consumers to spend less on snacks. The maker of Lucky Charms and Bisquick pancake mix said results for its fiscal third quarter, which ...
The packaged-food giant's CEO doesn't think it needs to play into 'a race to the bottom on pricing,' and should instead emphasize the flavor and health benefits of its snack lineup General Mills ...
It did beat Wall Street expectations on earnings, however. General Mills Inc. on Wednesday reported lower-than-expected sales for its third fiscal quarter and said organic net sales would fall for ...
Consumer food manufacturing giant General Mills (NYSE:GIS) reported mixed fiscal 2025 third-quarter earnings on Wednesday, March 19. Revenue of $4.8 billion fell short of analysts' consensus ...
General Mills shares are falling in premarket trading Wednesday after the cereal giant issued a downbeat outlook and posted quarterly sales that undershot forecasts.
General Mills now expects sales for the fiscal year that ends in May to drop 2% compared with the previous outlook of flat to slight growth. Earnings per share will also fall as much as 8%. That ...
General Mills Inc. said consumers have shifted away from discretionary spending on snacks as they face an uncertain economy, but the packaged-food giant still sees the opportunity to promote the ...
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