General Mills reaffirms long-term targets at investor day

General Mills Inc. (NYSE: GIS) held its investor day at its Minneapolis headquarters, where executives outlined growth initiatives and reaffirmed the company's long-term financial targets and fiscal 2026 outlook.

Chief Executive Officer Jeff Harmening said the company has reshaped nearly one-third of its portfolio since launching its Accelerate strategy. The company has established digital capabilities and invested in brand development while making progress on environmental and workforce commitments.

"We've navigated tremendous volatility in the operating environment over the past five years, and with our strong foundation, we're well equipped to keep adapting to a changing marketplace and driving growth," Harmening said.

During the presentation, executives highlighted the company's focus on consumer experiences across product development, packaging, brand communication, and distribution channels. The company demonstrated investments in digital and technology capabilities aimed at improving growth, efficiency, and operations.

General Mills showcased innovations and growth initiatives across its four business segments: North America Retail, North America Pet, International, and North America Foodservice. The company outlined plans to drive shareholder value through sales growth, margin expansion, free cash flow conversion, and cash returns via dividends and share repurchases.

The company reported fiscal 2025 net sales of $19 billion, with an additional $1 billion from non-consolidated joint venture operations. General Mills' portfolio includes brands such as Cheerios, Nature Valley, Blue Buffalo, Häagen-Dazs, and Pillsbury.

The investor day presentation and supplemental materials are available on the company's investor relations website, according to the company's statement.

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