General Mills (NYSE: GIS) is working on a turnaround and nearing its inflection point. Its Q1 results for fiscal year 2027 (FY2027) were lackluster, but investors must remember this was against tough comp, with a significant divestiture in the numbers.
General Mills sold its yogurt business to focus on core growth opportunities and operational efficiency, positioning itself to sustain long-term growth. The key point is that the inflection point is here now and reflected in the stock’s price.