Why General Mills, Inc. Stock Has Dropped 24.3% in 2018
Why General Mills, Inc. Stock Has Dropped 24.3% in 2018. Travis Hoium, The Motley FoolMotley FoolJuly 15, 2018, 8:08 AM GMT. What happened. Shares of food giant General Mills, Inc.(NYSE: GIS) have fallen 24.3% in 2018, according to data from S&P Global Market Intelligence, as operating results have come in lower than expected. So what. Now what. As disappointing as the first few months of the year were for General Mills, fiscal fourth-quarter results brought a little redemption. Organic revenue grew 1%, and guidance for fiscal 2019 included a 9% to 10% growth target and an increase in constant currency operating profit of 6% to 9%.