Does General Mills’ Steep Profit Drop And Completed Buyback Shift The Bull Case For GIS?

General Mills, Inc. reported first-quarter 2026 results showing sales of US$4,389.5 million, down from US$4,517.5 million a year earlier, and net income of US$397 million versus US$1,204.2 million, while also confirming completion of a share repurchase program totaling 73,102,831 shares for US$4,930.31 million announced in 2022. The combination of weaker quarterly earnings, including lower basic and diluted earnings per share from continuing operations of US$0.74 versus US$2.22, and the...