NYSE:GISFood
General Mills (GIS): Examining Valuation Following Reaffirmed 2026 Sales Outlook and Strategic Updates
General Mills (GIS) recently reaffirmed its earnings guidance for fiscal year 2026, projecting that organic net sales will come in somewhere between down 1% and up 1% from last year. The company also outlined that inorganic factors such as business divestitures, acquisitions, currency changes, and a 53rd week in the fiscal calendar are expected to trim about 4% off total net sales growth. This careful reiteration has drawn attention from investors, sparking new conversations about what kind...