
Shares of Cheerios maker General Mills GIS.N up 2% at $48.34 premarket
Co beats second-quarter sales estimates on the back of steady demand for its pantry staples and breakfast cereals
Posts quarterly sales of $4.86 billion vs. analysts' estimates of $4.78 billion, as per data compiled by LSEG
Co maintains annual sales and profit forecasts for the second time this year
Up to last close, stock down about 26% YTD