Why General Mills Stock Was So Soggy Today

Investors clearly didn't want too many servings of food industry mainstay General Mills (NYSE: GIS) on Wednesday. Following the release of a disappointing set of earnings, they assertively traded out of the company's stock to leave it with a 5% decline on the day. That wasn't very tasty when compared to the S&P 500 (SNPINDEX: ^GSPC), which essentially flatlined that trading session.For its fourth quarter of fiscal 2025, General Mills posted net sales of $4.6 billion, representing a decrease of 3% on a year-over-year basis. Worse, net income under generally accepted accounting principles (GAAP) standards shrank by 47% to $294 million. That bottom line looked slightly better on a per-share, non-GAAP (adjusted) basis; it fell a comparatively modest 27% to $0.74. Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool