GIS Stock Recent News

Pre-market futures are fluctuating a bit at this hour, starting even with yesterday's close, then swelling nicely on the tech-heavy Nasdaq. Indexes are carrying these levels more or less straight across presently, with the Dow -12 points at this hour, the S&P 500 +7 points, the Nasdaq +84 points and the small-cap Russell 2000 +1 point.

Fed Chair Powell addresses the Senate today, and Micron reports earnings after today's closing bell.

General Mills Inc (NYSE:GIS, ETR:GRM) on Wednesday forecast a steeper-than-expected drop in full-year profit, citing weaker demand for snacks and refrigerated baked goods, along with rising costs and tariff pressures that are expected to weigh on margins. The Cheerios maker said it expects fiscal 2026 adjusted operating income to fall between 10% and 15%, a sharper decline than the 6.5% drop analysts polled by LSEG had estimated.

While the top- and bottom-line numbers for General Mills (GIS) give a sense of how the business performed in the quarter ended May 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

General Mills will look to keep prices low, with a focus on sales growth.

General Mills (GIS) came out with quarterly earnings of $0.74 per share, beating the Zacks Consensus Estimate of $0.71 per share. This compares to earnings of $1.01 per share a year ago.

General Mills (GIS) shares fell in premarket trading Wednesday after the cereal maker's fiscal 2025 fourth-quarter sales fell short of estimates and it projected a bigger-than-expected profit decline for the new fiscal year.

Pillsbury-owner General Mills forecast annual profit below expectations on Wednesday, hurt by weak demand for refrigerated baked goods and snacks amid rising costs in a tariffs-driven, uncertain macroeconomic background.

MINNEAPOLIS--(BUSINESS WIRE)--General Mills, Inc. (NYSE: GIS) today reported results for its fourth quarter and fiscal year ended May 25, 2025. “The investments we made in the second half of fiscal 2025 to bring consumers more value worked as we expected, driving improved volume and pound share trends in the fourth quarter,” said General Mills Chairman and Chief Executive Officer Jeff Harmening. “Our Q4 financial results reflected these incremental investments and finished in line with our upda.

General Mills stock has severely underperformed both its peers and the S&P 500, with no signs of a turnaround ahead of Q4 earnings. Fundamentals remain weak: declining sales, negative earnings revisions, and ongoing headwinds from commodity prices and shifting consumer preferences. Despite a low valuation and attractive dividend yield, these are reflections of poor performance, not reasons to buy the stock.