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General Mills cuts annual sales and profit forecast

ReutersFeb 17, 2026 11:41 AM

- General Mills GIS.N on Tuesday cut its annual core net sales and profit forecasts, blaming weaker consumer sentiment.
The company expects annual sales to down 1.5% to 2%, compared to a previous range of down 1% to up 1%.

Adjusted operating profit and adjusted EPS are now expected to be down 16% to 20% in constant currency, compared to the previous range of down 10% to 15% in constant currency.

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