General Mills (GIS) Hurt by Volatile Consumer Trends, Cost Woes
GISGeneral Mills(GIS) ZACKS·2024-08-14 21:50

General Mills, Inc. (GIS) , a well-known name in the food industry, is currently grappling with a host of challenges that are impacting its financial performance. Despite the company’s strong brand portfolio and strategic initiatives, volatile consumer trends and escalating production costs are weighing on its margins. As the company approaches fiscal 2025, these pressures are shaping a cautious outlook, reflected in the recent downward revisions of its earnings projections. The Zacks Consensus Estimate for ...