General Mills maintained its annual sales and profit forecasts on Wednesday, as the Cheerios maker grapples with rising economic uncertainty and softer demand in key markets, including North America.
Rising consumer prices and a cooling U.S. labor market have squeezed household budgets, steering shoppers to cheaper private-label alternatives and pressuring packaged food makers across the region.
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The Minneapolis-based company saw qua… [1287 chars]
Source: Reuters | Published: 2025-09-17T11:05:40Z
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Credit: Reuters
