General Mills Stock (NYSE: GIS) Jumps After Q2 FY2026 Earnings Beat: Outlook Reaffirmed, Analysts Map the Next Move
General Mills shares rose about 3% to $48.52 Wednesday after fiscal Q2 results topped Wall Street estimates. Net sales fell 7% to $4.86 billion, with adjusted EPS down 21% to $1.10, but both beat consensus forecasts. The company reaffirmed its full-year outlook despite continued pressure from portfolio changes and higher brand investment.