Jeffrey Harmening, chairman and chief executive officer, said General Mills aims to sustain momentum from volume and market ...
(Reuters) - General Mills slashed its annual profit forecast on Wednesday as the Cheerios cereal maker ramps up promotions to attract cost-conscious consumers, sending shares down about 3%.
In her new role, Cohn will serve all tart cherry industry members by providing oversight and insight on CIAB’s robust ...
General Mills (GIS.N), opens new tab slashed its annual profit forecast on Wednesday as the Cheerios cereal maker ramps up promotions to attract cost-conscious consumers, sending shares down about 3%.
(Reuters) - General Mills slashed its annual profit forecast on Wednesday as the Cheerios cereal maker ramps up promotions to attract cost-conscious consumers, sending shares down about 3%.
General Mills is forgoing profit growth to boost promotions and other short-term price cuts over the next six months in an effort to revive customer loyalty for the long haul. The Golden Valley ...
General Mills is now projecting a 3% to 1% drop in adjusted EPS for 2025, alongside a 2% to 4% decline in operating profit. Why? The company's throwing cash into promotions and growth investments ...