General Mills: Fiscal 2026 First-Quarter Results

The provided sources consist of a press release and excerpts from an earnings call transcript detailing General Mills' financial performance for the first quarter of fiscal year 2026. Both documents affirm that the organic net sales were down 3% but were in line with company expectations, while adjusted operating profit and adjusted diluted EPS slightly exceeded expectations. Management emphasizes that their main priority for the year is restoring volume-driven organic sales growth through increased investment in their "Remarkable Experience Framework," focusing on value, innovation, and brand building. The reports also highlight the negative impact of recent North American yogurt divestitures on reported sales and profit results, with the company reaffirming its full-year fiscal 2026 outlook.

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