General Mills Forecasts Weak Annual Profit as Economic Uncertainty Weighs

General Mills forecast annual profit below expectations on Wednesday, as weak demand for its refrigerated baked goods and snacks in the U.S. in a tariff-driven, uncertain macroeconomic background weighed on the Pillsbury-owner.

Economic uncertainty arising from President Donald Trump's shifting tariff policies has weighed on consumer spending in the U.S., challenging General Mills' efforts to drum up sales.

The company has been trying to boost demand through new products, such as a fresh version of its Blue Buffalo pet food for dogs, but...

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