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General Mills Reports Quarterly Sales Above Expectations, Maintains Full-Year Guidance

Deep News
Sep 17

Focus: 2025 Second Quarter U.S. Stock Earnings Reports

General Mills (GIS) announced on Wednesday that its quarterly sales exceeded market expectations, benefiting from previous price reduction measures on select products that boosted market demand.

However, the company indicated that growth in relevant categories may fall below its long-term targets amid the current challenging consumer environment.

As the manufacturer of the popular cereal brand Cheerios, General Mills maintained its full-year sales and profit guidance.

The company expects full-year adjusted profits to decline by 10% to 15%, with organic net sales projected to change within a range of -1% to +1%.

According to data compiled by the London Stock Exchange Group (LSEG), the company reported first-quarter sales of $4.52 billion, surpassing analysts' previous expectations of $4.51 billion.

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