General Mills reaffirms full-year sales, profit forecasts

General Mills

18/03/2026 11:05

March 18 (Reuters) - General Mills GIS.N reaffirmed its annual sales and profit forecast on Wednesday after slashing it last month, as pressure on consumer spending and stiff competition muted demand for the Cheerios maker's pantry staples and snacks.

The company reaffirmed its annual targets of adjusted profit declining 16% to 20% and organic sales to fall 1.5% to 2%.

 (Reporting by Koyena Das in Bengaluru; Editing by Krishna Chandra Eluri)

 ((koyena.das@thomsonreuters.com))