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General Mills Beats Expectations Despite Volume Dip | Business and Finance News

General Mills Beats Expectations Despite Volume Dip | Business and Finance News

Published 2 days, 2 hours ago
Description

General Mills surprised Wall Street with a solid Q2 2026 earnings report, beating EPS estimates by 18% and posting a 1.2% sales increase to $4.61 billion — even as product volume dipped 4%. While operational profit took a hit due to accounting charges from a Brazil divestiture, free cash flow held steady. Analysts see modest revenue declines ahead, mirroring recent trends, but the market cheered the beat, proving even in staples, exceeding expectations moves the needle.

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