General Mills Stock Slips as Cereal Maker Lowers Full-Year Profit Outlook
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General Mills shares declined after the company lowered its fiscal 2025 adjusted profit outlook, despite second-quarter results surpassing analysts' expectations.
December 18, 2024 | 3:45 pm
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NEGATIVE IMPACT
General Mills shares fell due to a lowered fiscal 2025 profit outlook, despite better-than-expected Q2 results.
The lowered profit outlook for fiscal 2025 is a significant negative factor, likely causing investor concern and leading to a drop in stock price. This negative impact outweighs the positive news of Q2 results beating expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100