NYSE:GISFood
General Mills Cuts 2026 Outlook As GLP 1 Trends Reshape Demand
General Mills (NYSE:GIS) has reduced its fiscal 2026 sales outlook, citing weaker consumer demand linked to inflation, reduced food assistance, and geopolitical uncertainty.
The company’s CEO has highlighted early effects of GLP-1 weight loss drugs on eating habits, including a tilt toward smaller portions and more nutrient dense foods.
These shifts are prompting General Mills to reassess product mix and long term plans across its packaged food portfolio.
At a share price of $44.96, General...