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General Mills shares fall as weak consumer demand triggers outlook cut
Investing.com -- Shares of General Mills are down around 3.6% in premarket trading on Tuesday after the company cut its full-year fiscal 2026 outlook, citing weak consumer sentiment and a slower-than-expected volume recovery. Feb 17, 2026 - $GIS
Food Companies Sink as Executives Warn of Consumer Stress
General Mills Inc. shares sank 7% on Tuesday — the most since May 2022 — after the packaged food company lowered its fiscal 2026 sales outlook. The maker of Cheerios and other food products said it now expects organic net sales to be down 1.5% to 2%, compared with its previous outlook of down 1% to up 1%. Chief Executive Officer Jeff Harmening said cereal, snacks and dog food were seeing the biggest hits from the shakier consumer environment, fueled by higher inflation, reductions in food aid benefits and geopolitical uncertainty. Feb 17, 2026 - $GIS
General Mills Outlines Progress on Accelerate Strategy at CAGNY Conference
MINNEAPOLIS, February 17, 2026--General Mills, Inc. (NYSE: GIS) will share an update on the company’s Accelerate strategy and key initiatives at today’s Consumer Analyst Group of New York (CAGNY) Conference. Chairman and Chief Executive Officer Jeff Harmening, Chief Financial Officer Kofi Bruce, and Group President of North America Retail and North America Pet Dana McNabb will outline plans to drive sustainable growth by delivering greater remarkability through the company’s global brands. Feb 17, 2026 - $GIS
General Mills Wants to Win Health-Conscious Shoppers; Cut in Outlook Slams Stock
General Mills is getting aboard the GLP-1 train as the company navigates shaky consumer sentiment. Chief Executive Jeff Harmening told investors Tuesday that the weight-loss drugs will have a lasting influence on the business of food, nudging some consumers toward smaller portions, and more nutrient-dense products. Feb 17, 2026 - $GIS
Indexes Waver, While Dollar Strengthens
STOCKS Stocks struggled for direction coming out of the long weekend. The Nasdaq composite led early losses, dropping more than 1% in Tuesday morning trading, before reversing course. All three major indexes recently stood modestly higher, extending a volatile stretch. Feb 17, 2026 - $GIS
Processed-Food Conversation Is a Difficult One, Mondelez CEO Says
Processed foods are facing increased scrutiny from the Trump administration and health-conscious consumers. Mondelez Chief Executive Dirk Van de Put said Tuesday that many concerns surrounding those foods are based on correlation rather than causation. “The world would just not be able to feed itself if we did not have processed food,” said Van de Put, in response to a question about a recent “60 Minutes” episode on ultraprocessed foods. Feb 17, 2026 - $GIS
Food Stocks Tumble After General Mills Cuts Sales Forecast
General Mills stock tumbled Tuesday after the company—known for brands such as Cheerios, Pillsbury and Betty Crocker—lowered its sales outlook because of weaker-than-expected consumer demand. Campbell shares dropped 8%, Lamb Weston fell 6.3%, while Conagra Brands and Kraft Heinz lost 5.8% and 5.2%, respectively. General Mills told investors at the Consumer Analyst Group of New York conference that it now expects overall sales to fall about 1.5% to 2% in its 2026 fiscal year ending in May—putting the company on track for a third straight year of sales declines. Feb 17, 2026 - $GIS
Stocks to Watch Tuesday: Genuine Parts, Medtronic, Zim, UnitedHealth
↘️ Genuine Parts (GPC): The owner of NAPA auto-care centers swung to a quarterly loss and said it plans to separate its auto-parts business from its industrial-parts unit into two separate public companies. Feb 17, 2026 - $GIS
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