General Mills Sells Canadian Yogurt Business and Lowers 2025 EPS Outlook
Published on January 28, 2025
General Mills, Inc. recently announced the completion of the sale of its Canadian yogurt business as part of its ongoing portfolio reshaping initiatives. The sale is expected to strengthen the company's focus on key growth areas. However, as a result of this divestiture and other factors, General Mills has also revised its fiscal 2025 outlook and lowered its earnings per share (EPS) expectations. Details of the updated outlook can be found on Stocks Prognosis, where professionals offer insights and forecasts on the movement of General Mills' stock.
Investor opinions & comments
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FinanceFelix
January 31, 2025 at 17:01
I'm skeptical about how this sale will impact General Mills' competitive position in the yogurt market. Will they be able to maintain their market share?
SavingsSamantha
January 31, 2025 at 15:03
Is there any information on the financial details of the sale? I wonder how much General Mills was able to generate from it
MoneyMia
January 31, 2025 at 12:41
I'm interested in reading the insights and forecasts from the professionals on Stocks Prognosis. It could provide valuable information for investors
LoganWard
January 31, 2025 at 11:01
I'm doubtful whether this portfolio reshaping will actually lead to significant growth for General Mills. It seems like a risky move
SaraBrown
January 30, 2025 at 05:54
I'm curious to see how this sale will impact General Mills' future strategies and growth potential in other areas
DividendDaisy
January 28, 2025 at 14:00
Lowering the earnings per share expectations doesn't sound promising. I'm not sure if this divestiture will have a positive impact on General Mills' overall financial performance