General Mills reaffirms FY2027 adjusted EPS outlook of $3-$3.2 per share

General Mills reaffirmed fiscal 2027 guidance at the 2026 Barclays Global Consumer Staples Conference.

• Organic net sales are expected to range from -1.5% to +0.5%.
• Adjusted operating profit is forecast to fall 13% to 8% in constant currency, including a 9-point headwind from fiscal 2026’s 53rd week.
• Adjusted diluted EPS outlook is $3.00 to $3.20.
• Free cash flow conversion is targeted at about 95% of adjusted after-tax earnings.