General Mills Inc. has lowered its fiscal 2026 sales outlook, revising its expectation for organic net sales to a decrease of 1.5% to 2% from an earlier forecast of a 1% decrease to a 1% increase. This adjustment is attributed to a more challenging consumer environment. The company, known for products like Cheerios, faces headwinds from weakening consumer sentiment.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
General Mills Warns of Slumping Sales on Weak Consumer Sentiment
General Mills Inc. has lowered its fiscal 2026 sales outlook, revising its expectation for organic net sales to a decrease of 1.5% to 2% from an earlier forecast of a 1% decrease to a 1% increase. This adjustment is attributed to a more challenging consumer environment. The company, known for products like Cheerios, faces headwinds from weakening consumer sentiment.