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General Mills sees 3% sales drop but beats earnings estimates with strong international growth.

Market News
24 Sep 2026
Alex Lavoie
View Source
Neutral
General Mills sees 3% sales drop but beats earnings estimates with strong international growth.

General Mills reported a 3% decline in sales to $4.40 billion, partly due to selling its U.S. yogurt business, causing adjusted gross margin to fall to 33.3%. Despite this, the company beat earnings expectations with adjusted EPS of $0.75, helped by 6% growth and 14% profit increase in its international segment. Bank of America Securities maintains a Neutral rating, suggesting a hold, as the company reaffirms its full-year earnings guidance of $3.00 to $3.20 per share. Investors should watch how the company balances domestic challenges with international growth and its ongoing Accelerate strategy.

General Mills' mixed results highlight the challenges and opportunities it faces, which is reflected in its stock performance on Pluang. As of Sep 24, 2026 20:48 WIB, GIS trades at USD 35.50, down 0.89% for the day. The stock shows a dividend yield of 6.81% and a market cap of $19.15 billion, with all Pluang orders currently on the buy side, indicating investor interest despite recent sales declines.

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