General Mills facing challenges with sales and potential divestment in China

From Yahoo Finance: 2025-06-15 11:42:00

General Mills, Inc. (GIS) is down 13.9% year-to-date, with shares dropping 8% in March. Poor earnings report predicts sales could fall by 2% in 2025. Jim Cramer notes GIS may divest China business due to recent struggles.

Cramer highlights General Mills’ iconic cereals like Trix, Lucky Charms, and Fruity Cheerios, calling them addictive for kids and adults. Concerns raised by Bobby Kennedy Jr. about artificial coloring in these products.

General Mills, Inc. (GIS) faces challenges with inflation impacting demand for packaged foods and weight loss drugs threatening long-term prospects. Reports suggest GIS may sell its China business. Jim Cramer emphasizes the need for action as shares continue to decline.



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