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CONSUMER STAPLES: General Mills (GIS: Baa2/BBB): 2Q25 Results

CONSUMER STAPLES
USBulletCredit BulletsNorth America

Stock falling as guidance cut slightly

  • Citing macro uncertainty (in petfood ?) says that organic net sales growth will be in the lower part of 0-+1%
  • Operating profit to range from Down 4% to Down 2% from -2%-0% previously
  • Last Q's numbers were reasonably strong with sales $5.2bn up 2% organically and ahead of $5.1bn estimates driven by North America Foodservice
  • Operating Margin 20.3% was up 100bps
  • M&A will "retain flexibility for bolt-on acquisitions". The proceeds from the recent yoghurt sale went back to shareholders.
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Stock falling as guidance cut slightly

  • Citing macro uncertainty (in petfood ?) says that organic net sales growth will be in the lower part of 0-+1%
  • Operating profit to range from Down 4% to Down 2% from -2%-0% previously
  • Last Q's numbers were reasonably strong with sales $5.2bn up 2% organically and ahead of $5.1bn estimates driven by North America Foodservice
  • Operating Margin 20.3% was up 100bps
  • M&A will "retain flexibility for bolt-on acquisitions". The proceeds from the recent yoghurt sale went back to shareholders.