General Mills Cuts Revenue Forecast Amid Trump Tariff Pressures
General Mills (GIS) faces mounting challenges as Trump-era tariffs squeeze margins, triggering a 6% stock drop despite a Q4 earnings beat. The consumer staples giant posted $0.74 EPS ($0.71 expected) on $4.6B revenue, but flat organic sales guidance and declining operating profit projections signal deepening headwinds.
Investor sentiment reflects broader market skepticism toward companies exposed to trade policy volatility. With GIS trading NEAR 52-week lows, the convergence of internal volume declines and external tariff pressures creates a perfect storm of uncertainty for the Cheerios maker.