General Mills announced its third-quarter results, with revenue of $4.4 billion, down 8% year-on-year, basically in line with analysts' expectations of $4.41 billion; adjusted earnings per share were $0.64, below the consensus estimate of $0.73.
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The company reiterated its fiscal year 2026 performance guidance, expecting organic net sales to decline by 1.5% to 2%, and adjusted operating profit and adjusted diluted earnings per share to decrease by 16% to 20% at constant exchange rates.
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