General Mills Reaffirms FY27 Organic Net Sales Target To Be Down 1.5% And Up 0.5%
General Mills reaffirmed its full-year financial targets for fiscal 20271:Organic net sales are expected to range between down 1.5 percent and up 0.5 percent.Adjusted operating profit is expected to be down 13 percent
General Mills says its food sales might shrink slightly or grow a tiny bit this year, and its profits will likely drop quite a bit. When a company sticks to lower profit predictions, it tells you they're being careful and realistic about tough times ahead.
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