International Companies

General Mills cuts guidance on slowing demand for snacks

By Abigail Townsend

Date: Wednesday 19 Mar 2025

(Sharecast News) - Cheerios-owner General Mills cut its full-year outlook on Wednesday, on waning demand for snacks in the US and mounting economic uncertainty.
The American owner of Pillsbury, Haagen-Dazs and Betty Crocker, among others, saw third-quarter net sales fall 5% to $4.8bn. Organic sales also slid 5%.

Operating profits...

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