General Mills' Return to Growth Remains 'Unlikely,' UBS Securities Says
MT newswire2026/09/16 16:07Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
12:07 PM EDT, 09/16/2026 (MT Newswires) -- General Mills' (GIS) return to growth "still seems unlikely" as consumption trends remain soft while input costs turn increasingly volatile, UBS Securities said in a Wednesday note. The company's fiscal Q1 results are due for release on Sept. 23 and are likely to be in line with expectations, the investment firm said. The quarter saw improved consumption and management has noted underlying progress across the group, UBS added. General Mills is expected to reiterate its fiscal 2027 outlook but investors are concerned whether current consumption trends will support the company's top-line estimates, analysts said. Management also flagged inflation nearing the high end of its estimates, the firm noted. UBS continues to expect fiscal Q1 earnings per share of $0.72, but cut its fiscal 2027 EPS forecast to $3.01 from $3.03, reflecting cost pressures, according to the note. UBS Securities has a sell rating on General Mills, with a $33 price target. Price: 36.93, Change: +0.35, Percent Change: +0.96
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
Sector Update: Consumer
MT newswire•2026/09/16 17:14
Sector Update: Tech
MT newswire•2026/09/16 17:12
10-Yr Benchmark Govt Yields - Germany vs Other Nations
Dow Jones•2026/09/16 17:10
2-Yr Benchmark Govt Yields - Germany vs Other Nations
Dow Jones•2026/09/16 17:10
Crypto prices
MoreBitcoin
BTC
$75,667.05
-0.72%
Ethereum
ETH
$2,389.35
-1.04%
Tether USDt
USDT
$0.9994
+0.01%
BNB
BNB
$712.33
-0.69%
XRP
XRP
$1.27
-8.49%
USDC
USDC
$0.9999
+0.00%
Solana
SOL
$97.14
-1.76%
TRON
TRX
$0.3356
+0.34%
Zcash
ZEC
$1,256.82
+13.08%
Hyperliquid
HYPE
$78.8
+2.88%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now