General Mills GIS-2.20%decrease; red down pointing triangle lowered its sales and profit outlook for the fiscal year, as stressed consumers are buying fewer snacks and looking for more promotions.

Feb 17 (Reuters) - General Mills (GIS.N), opens new tab cut its annual core sales and profit forecasts on Tuesday, sparking a selloff across consumer goods companies battling with weak demand and ...

Colin is an Associate Editor focused on tech and financial news. He has more than three years of experience editing, proofreading, and fact-checking content on current financial events and politics.

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General Mills's stock falls after the full-year profit and sales outlook were lowered, as the consumer recovery has been slower and has cost more than expected. Shares of General Mills dropped Tuesday ...

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