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News 2026-09-23 12:31 UTC

General Mills Q1 Profit Plunges, Confirms FY27 Outlook

WASHINGTON (dpa-AFX) - Branded consumer foods maker General Mills, Inc. reported Wednesday sharply lower profit in the first quarter of fiscal 2027, hurt by the absence of prior year's significant gain and weak net sales, both related to the sale of the U.S. yogurt business. Further, the firm maint…