General Mills Inc
GIS: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| L^ | LOCK|Vcf@ | LOCK|S&V%$H |
General Mills Earnings: Category Headwinds in Line With Prior Guidance; Shares Undervalued
General Mills' fiscal 2026 third-quarter organic sales fell 3%, versus a 1% decline in the second quarter. Adjusted operating profit margin contracted 510 basis points to 12.3%. North American retail (59% of sales) returned to organic volume declines as category headwinds remained stout.
