GIS
Consumer Staples
General Mills Beat Estimates By 16% But The Market Saw Only The Impairment — The $3B Cost Program Is Being Ignored (GIS)
General Mills’ Q4 FY2026 adjusted EPS beat consensus by 15.9% and the company launched a $3B cumulative cost savings program — both buried under a $2.1B non-cash goodwill impairment. The real business is inflecting positively; the GAAP headline is accounting noise.