General Mills cuts annual sales and profit forecast

General Mills

17/02/2026 11:41

Feb 17 (Reuters) - 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.

 (Reporting by Koyena Das in Bengaluru)

 ((koyena.das@thomsonreuters.com))