General Mills lowers sales, profit forecast


WSJ: The company has been struggling with weak consumer demand.

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WSJ: The company has been struggling with weak consumer demand.

The company warned Friday that profit at its U.S. retail operating segment is now expected to decline for the year, adding it has seen market share declines in frozen vegetables and dessert mixes, while sales are growing in key categories like yogurt, grain snacks, fruit snacks and frozen pizza.

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