General Mills said while reporting Q3 results that it expects adjusted EPS to decline 16–20% for the full year on an expected organic net sales decline of 1.5–2%. The guidance signals material downside to profitability and volumes at the branded food company and is likely a near-term negative catalyst for the stock.
General Mills said while reporting Q3 results that it expects adjusted EPS to decline 16–20% for the full year on an expected organic net sales decline of 1.5–2%. The guidance signals material downside to profitability and volumes at the branded food company and is likely a near-term negative catalyst for the stock.
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moderately negative
Sentiment Score
-0.55
Ticker Sentiment
