General Mills reaffirmed its full-year financial targets for fiscal 20271:

  • Organic net sales are expected to range between down 1.5 percent and up 0.5 percent.
  • Adjusted operating profit is expected to be down 13 percent to down 8 percent in constant currency, including a 9-point headwind from lapping the 53rd week in fiscal 2026, normalizing corporate incentive expense, and the impact of fiscal 2026 divestitures.
  • Adjusted diluted earnings are expected to be between $3.00 and $3.20 per share.
  • Free cash flow conversion is expected to be approximately 95 percent of adjusted after-tax earnings.