General Mills (GIS) – food is quite cheap ?!
Today’s Update 37.4. That was the price of General Mills stock when I entered my position. Today, following the release of their Q4 FY2026 results, the market rewarded those who believed – the stock surged nearly 9%. Results General Mills released its quarterly results today, beating analyst expectations. EPS came in at $0.95, crushing the consensus of $0.82. Revenue reached $4.61 billion, also above forecasts. Yes, I know the company reported an operating loss. However, this stemmed from one-time, non-cash impairment charges related to goodwill and the planned sale of its Brazilian business. This isn’t a red flag – it’s portfolio cleanup, the kind of move well-managed companies make to focus on what truly matters. ...