General Mills shares decreases when slowing refreshments drives a lower outlook

General Mills (GIS) It is in the hard year of 2025 because it is trying to sell its set of cereals and refreshments.

The manufacturer Cheerios on Wednesday showed earnings that included lower instructions. It expects ecological net sales to drop by 2% to 1.5% per year, compared to the previous range of the apartment to 1%.

“We are coming to this year, we thought that the consumer environment would improve as the year [goes] And that wasn't the case, ”said Jeffrey Harmening CEO in his earnings.

Read more about today's market event, including General Mill's movements

He added that the behavior in finding values ​​has increased. If you look at the latest indexes of trust, it would indicate that consumer trust is actually under the three months ago and where it was in 2008. “

The Conference Consumer Conference The Index in February fell by 7 points to 98.3, which shows “pessimism about the future that returned” last month.

Last month, Kraft Heinz (Khc) also published a warning outlook. He expects that sales from organic net clean will not lose 2.5% in the apartment compared to the previous year.

Kraft CEO Heinz Carlos Abrams-Rivera said he was calling in his recent earnings that consumers were buying in more stores to get the best price and buy less for the journey.

Campbell's (Cpb) Also, in 2025, the ecological net market will decrease to 2%. Mick Beekhuizen, CEO, said the instructions reflect “slower than the recovery of our refreshment categories, which has an impact on the view for our second half”.

Here is what General Mills published in its fiscal third quarter of 2025 compared to Bloomberg estimates:

Edited profit on share: 1.00 $, compared to $ 0.97

Revenues: $ 4.84 billion, as opposed to $ 4.97 billion

Organic year -on -year volume growth: -4%, compared to -1.61%

• North America retail: -5%, compared to -3.93%

• International: -4%, compared to +2.72%

• Five: -3%, compared to +0.17%

• North American Eating Service: -1%, compared to +2.73%

Organic prices year -on -year growth: -1%, compared to -1.12%

• North America retail: -1%, compared to -0.88%

• International: 0%, compared to -3%

• Five: -1%, compared to -2.64%

• North American Eating Service: +2%, compared to +1.79%

Harmening said in the report that the incomes lower than the expected are “driven mostly with larger than expected retailers' inventories and slowing down in the refreshment categories”.

Consumers spent less on refreshments, fruit refreshments and salty snacks. The company plans to focus on the value, size of packaging and innovation to maintain shoppers.

Its northern American food service segment recorded a decrease in volumes by 1%. Strong growth in pure selling cereals and bread was dragged down below by dropping the Pillsbury and Gold Medals Bakery Mouré. General Mills, however, saw profits on the market in schools, healthcare and universities.