General Mills, Inc. (NYSE:GIS) is struggling, with shares down 26% over the past year and 2.4% year-to-date. The company revised its fiscal year 2026 estimates, predicting a drop in annual sales, operating profit, and earnings per share by 1.5% to 2%, 16% to 20%, and 16% to 20%, respectively.

Jim Cramer referred to General Mills (GIS) as the “Benchmark of Bad” after the company’s recent update on its financial estimates. Bank of America and Bernstein both reduced their price targets for GIS, reflecting short-term pressures in the North American retail market. The stock is currently trading at 12 times earnings.

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Read more at Yahoo Finance: General Mills (GIS) is the Benchmark of Bad, Says Jim Cramer