General Mills Shares Drop as Revenue Miss and Lowe…
From Financial Modeling Prep: 2025-03-19 14:55:00
General Mills (NYSE:GIS) stock fell over 2% despite beating earnings expectations. Revenue of $4.8 billion missed estimates due to weaker demand and inventory challenges. Organic net sales dropped 5% year-over-year, with North America Retail sales down 7% to $3.0 billion. The company cut its full-year outlook, now expecting a decline in organic net sales for fiscal 2025.
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