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General Mills Cuts Sales Outlook Amid Economic Pressures

2/17/2026

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Summary

Story summary

General Mills Inc. lowered its fiscal 2026 organic net sales outlook to a 1.5%–2% decline.
The revision follows an earlier growth forecast and cites weak consumer sentiment, inflation, and geopolitical uncertainty.
Jeffrey L. Harmening, CEO of General Mills, said middle- and lower-income groups face stress.
The company cut prices on about two-thirds of North American products, and the stock fell 5.3% in early trading.

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Story summary

General Mills Inc. lowered its fiscal 2026 organic net sales outlook to a 1.5%–2% decline.
The revision follows an earlier growth forecast and cites weak consumer sentiment, inflation, and geopolitical uncertainty.
Jeffrey L. Harmening, CEO of General Mills, said middle- and lower-income groups face stress.
The company cut prices on about two-thirds of North American products, and the stock fell 5.3% in early trading.