General Mills lowers outlook for fiscal 2025, plans $100M in cuts

The maker of Cheerios and baking mixes reported below-expected sales for its fiscal third quarter, citing continued economic uncertainty among consumers. It did beat Wall Street expectations on earnings, however.

Mar 19, 2025 - 15:54
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General Mills lowers outlook for fiscal 2025, plans $100M in cuts
The maker of Cheerios and baking mixes reported below-expected sales for its fiscal third quarter, citing continued economic uncertainty among consumers. It did beat Wall Street expectations on earnings, however.