General Mills Outlook Clouded By Soft Consumer Spending, Pet Segment Struggles, Analysts Say

Benzinga

7 hours ago

Wall Street sentiment toward General Mills Inc. (NYSE:GIS) is becoming cautious. A leading analyst has downgraded the stock, reduced his price target and extended the expected recovery timeline. ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2613739016"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2613739016\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2613739016?lang=en_US&edition=fundamental","thumbnail":"https://cdn.benzinga.com/files/images/story/2026/02/23/Stuttgart--Germany---05-22-2021-Mobile-P.jpeg?optimize=medium&dpr=2&auto=webp&width=260","is_english":true,"pubTime":"2026-02-24 01:51","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2613739016","market":"us","top_or_hot":-1,"title":"General Mills Outlook Clouded By Soft Consumer Spending, Pet Segment Struggles, Analysts Say","media":"Benzinga","content":"<div>\n<p>Wall Street sentiment toward  General Mills Inc. (NYSE:GIS) is becoming cautious. A leading analyst has downgraded the stock, reduced his price target and extended the expected recovery timeline. ...</p>\n\n<a href=\"https://www.benzinga.com/analyst-stock-ratings/analyst-color/26/02/50791338/general-mills-outlook-clouded-by-soft-consumer-spending-pet-segment-struggles-analysts-say\">Source Link</a>\n\n</div>\n","source":"benzinga_hot_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>General Mills Outlook Clouded By Soft Consumer Spending, Pet Segment Struggles, Analysts Say</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGeneral Mills Outlook Clouded By Soft Consumer Spending, Pet Segment Struggles, Analysts Say\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-02-24 01:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/analyst-stock-ratings/analyst-color/26/02/50791338/general-mills-outlook-clouded-by-soft-consumer-spending-pet-segment-struggles-analysts-say><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Wall Street sentiment toward  General Mills Inc. (NYSE:GIS) is becoming cautious. A leading analyst has downgraded the stock, reduced his price target and extended the expected recovery timeline. ...</p>\n\n<a href=\"https://www.benzinga.com/analyst-stock-ratings/analyst-color/26/02/50791338/general-mills-outlook-clouded-by-soft-consumer-spending-pet-segment-struggles-analysts-say\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1989763690.USD","symbol_name":"东方汇理世代食品基金A2 Acc","start_time":0,"source_url":"https://www.benzinga.com/analyst-stock-ratings/analyst-color/26/02/50791338/general-mills-outlook-clouded-by-soft-consumer-spending-pet-segment-struggles-analysts-say","article_id":"2613739016","we_media_id":null,"thumbnails":["https://cdn.benzinga.com/files/images/story/2026/02/23/Stuttgart--Germany---05-22-2021-Mobile-P.jpeg?optimize=medium&dpr=2&auto=webp&width=260"],"rights":{"source":"benzinga_hot_news","url":"https://www.benzinga.com/analyst-stock-ratings/analyst-color/26/02/50791338/general-mills-outlook-clouded-by-soft-consumer-spending-pet-segment-struggles-analysts-say","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2613739016","pubTimestamp":1771869060,"columns":[],"sourceInfo":{"source_id":"benzinga_hot_news","name":"Benzinga"},"weMediaInfo":null,"summary":"Wall Street sentiment on General Mills (GIS) is cautious as analysts downgrade the stock and/or lower price targets due to slower recovery and uncertain growth in key segments.","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU1989763690.USD":"东方汇理世代食品基金A2 Acc","BK4212":"包装食品与肉类","BK4532":"文艺复兴科技持仓","LU1989763427.SGD":"CPR Invest - Food For Generations A2 Acc SGD-H","BK4585":"ETF&股票定投概念","GIS":"通用磨坊","BK4566":"资本集团","LU1585245621.USD":"EASTSPRING INV GLOBAL LOW VOLATILITY EQUITY FUND \"A\" (USD) ACC B","BK4588":"碎股","LU1430594728.SGD":"Eastspring Investments - Global Low Volatility Equity AS SGD"},"translate_title":"分析师表示，通用磨坊的前景因消费者支出疲软和宠物行业陷入困境而蒙上阴影","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GIS":1.5},"content_text":"Wall Street sentiment toward  General Mills Inc. (NYSE:GIS) is becoming cautious. A leading analyst has downgraded the stock, reduced his price target and extended the expected recovery timeline. Several others share this outlook. \n       • What are GIS shares doing today?\nBelow is an overview of the factors behind this shift and its implications for investors.\nBofA Securities analyst Peter T. Galbo downgraded General Mills to Neutral from Buy and lowered his price forecast to $48 from $55, citing a slower-than-expected recovery across key segments.\nThe analyst now values the shares at 14 times his 2027 earnings per share estimate, down from a prior 16x multiple, reflecting a reduced growth outlook. The revised target implies approximately 7.6% upside from current levels.\nGalbo revised his rating after management's CAGNY presentation, where the company detailed its recovery strategy. He noted that his previous Buy rating from December 2024 relied on a rebound in the Pet segment and stabilization in North America Retail, neither of which has yet occurred.\nWhile the company has gained market share, overall volume is still under pressure. Consumer spending, especially among low- and middle-income households, is recovering more slowly than expected.\nGalbo noted that these conditions have increased the cost of generating additional volume. He expects limited volume and sales growth over the next year, with possible topline stabilization in the second half of fiscal 2027.\nNorth America Retail performance remains inconsistent. Guidance suggests second-half results may show no improvement or only modest gains. Management has adjusted base pricing for about two-thirds of its portfolio to close price gaps and boost competitiveness, while continuing to focus on its \"remarkability framework.\"\nThe Blue Buffalo Pet segment remains challenged, down 4% year over year in fiscal 2024. Inventory issues are expected to weigh on results through fiscal 2026 and the Wilderness sub-brand turnaround has lagged expectations. Without renewed growth in Pet, Galbo expects the company's valuation multiple to fall in line with food industry peers.\nGalbo maintained his updated financial model after last week's presentation, with no further estimate changes. His fiscal 2028 projections remain below the company's long-term organic sales and adjusted EPS goals.\nStifel and Piper Sandler maintained more bullish stances with Buy and Overweight ratings, but lower price target: $50 from $52 for Stifel, $53 from $60 for Piper Sandler.\nGIS Price Action: General Mills shares are trading higher by 0.92% at $45.03 at publication on Monday.\nPhoto: T. Schneider via Shutterstock\nThis content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.\nTo add Benzinga News as your preferred source on Google, click here.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}