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Benzinga

Business

Akanksha Bakshi

General Mills Says Inflation-Weary Shoppers Will Stay Focused on Value

General Mills Inflation GIS

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General Mills Inc. (NYSE:GIS) stock climbed Wednesday after the packaged food maker reported fiscal fourth-quarter results that topped Wall Street estimates, even as it issued a cautious outlook for fiscal 2027.

The company reported fourth-quarter net sales of $4.610 billion, up 1% from a year earlier and ahead of the analyst consensus estimate of $4.595 billion. Organic net sales were flat.

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