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General Mills earnings, Novo Nordisk stock slips, Micron results
General Mills earnings, Novo Nordisk stock slips, Micron results

Yahoo

time4 days ago

  • Business
  • Yahoo

General Mills earnings, Novo Nordisk stock slips, Micron results

Josh Lipton takes a closer look at some of the top stories of the trading day as part of Yahoo Finance's Market Minute. General Mills (GIS) stock is under pressure after releasing fourth quarter results that fell short of Wall Street's expectations. Novo Nordisk (NVO) and Hims & Hers (HIMS) are in focus after the pair's weight loss drug partnership fell apart. Investors are eyeing Micron's (MU) third quarter results after the closing bell. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute. It's time for Yahoo! Finance's Market Minute. US stocks wavering, as the S&P 500 looks to return to all-time highs. General Mills slipping after weakness in net sales for the fourth quarter. Maker of Cheerios and Cinnamon Toast Crunch also noting its full-year sales trends did not meet the company's expectations. Shares of Novo Nordisk sliding. Spain's Ministry of Health investigates the company claiming a potential breach of advertising laws. This comes after earlier this week, Novo Nordisk ended its collaboration with Hims and Hers accusing that company of quote deceptive promotion and selling of knockoff versions of Wegovy. Micron stock sliding here ahead of that chip maker's third quarter earnings report. Latest results set to release after the market closed today. JP Morgan noting high bandwidth memory demand trends remain robust. Micron also among a slew of tech companies bolstering investments in US manufacturing. And that's your Yahoo! Finance Market Minute.

Cinnamon Toast Crunch Confirms the Cereal Squares are Eating Each Other
Cinnamon Toast Crunch Confirms the Cereal Squares are Eating Each Other

Yahoo

time4 days ago

  • Entertainment
  • Yahoo

Cinnamon Toast Crunch Confirms the Cereal Squares are Eating Each Other

Help uncover "The Last Square" for a chance to win a year's supply of Cinnamon Toast Crunch MINNEAPOLIS, June 25, 2025--(BUSINESS WIRE)--Cinnamon Toast Crunch has always embraced the absurd. But what's happening right now is more than just absurd — it's unheard of. In an unexpected turn of breakfast events, the crunchy, swirly Cinnadust-covered cereal squares are eating each other. Notorious for their rowdy, chomp-happy behavior, the squares are spiraling further out of control than ever before, and we're still uncovering how far it's gone. Turns out, when something tastes this good, it can lead to… unexpected consequences. There have been reports of mysterious occurrences: muffled crunching from behind pantry doors, swirls of loose Cinnadust, and sealed boxes with just one lone square inside. The chaos escalated when content creators began receiving sealed boxes containing a single surviving cereal square and cryptic clues, fueling speculation and playful sleuthing across social media. After launching an internal search, we traced the source to a limited run where some Cinna-Squares seem to have snacked their way through the rest of the box. We're calling each of these lone pieces of cereal "The Last Square." "Look, we're surprised but not sure the cereal is really to blame here," shares Brandon Tyrrell, Sr. Marketing Communications Manager at General Mills. "Still, this bizarre (but undeniably delicious) development has forced us to act. We're running out of time — and cereal — and we need your help." Cinnamon Toast Crunch is asking our biggest fans to visit to join the search to find these rogue boxes. You can opt in for a chance to get your own box and if yours contains "The Last Square," you'll be eligible to redeem it for a full year's supply of Cinnamon Toast Crunch to help us contain the cinnamon-y chaos. Check out @cinnamontoastcrunch on social for updates, theories and exactly how the squares lost control. And in the meantime, keep an ear out. If you hear crunching… it might already be too late. About General Mills General Mills makes food the world loves. The company is guided by its Accelerate strategy to boldly build its brands, relentlessly innovate, unleash its scale and stand for good. Its portfolio of beloved brands includes household names like Cheerios, Nature Valley, Blue Buffalo, Häagen-Dazs, Old El Paso, Pillsbury, Betty Crocker, Yoplait, Totino's, Annie's, Wanchai Ferry, Yoki and more. General Mills generated fiscal 2024 net sales of U.S. $20 billion. In addition, the company's share of non-consolidated joint venture net sales totaled U.S. $1 billion. For more information, visit View source version on Contacts General Mills EdelmanCarolina Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Cinnamon Toast Crunch Confirms the Cereal Squares are Eating Each Other
Cinnamon Toast Crunch Confirms the Cereal Squares are Eating Each Other

Business Wire

time4 days ago

  • Entertainment
  • Business Wire

Cinnamon Toast Crunch Confirms the Cereal Squares are Eating Each Other

MINNEAPOLIS--(BUSINESS WIRE)--Cinnamon Toast Crunch has always embraced the absurd. But what's happening right now is more than just absurd — it's unheard of. In an unexpected turn of breakfast events, the crunchy, swirly Cinnadust-covered cereal squares are eating each other. Notorious for their rowdy, chomp-happy behavior, the squares are spiraling further out of control than ever before, and we're still uncovering how far it's gone. Turns out, when something tastes this good, it can lead to… unexpected consequences. There have been reports of mysterious occurrences: muffled crunching from behind pantry doors, swirls of loose Cinnadust, and sealed boxes with just one lone square inside. The chaos escalated when content creators began receiving sealed boxes containing a single surviving cereal square and cryptic clues, fueling speculation and playful sleuthing across social media. After launching an internal search, we traced the source to a limited run where some Cinna-Squares seem to have snacked their way through the rest of the box. We're calling each of these lone pieces of cereal 'The Last Square.' 'Look, we're surprised but not sure the cereal is really to blame here,' shares Brandon Tyrrell, Sr. Marketing Communications Manager at General Mills. 'Still, this bizarre (but undeniably delicious) development has forced us to act. We're running out of time — and cereal — and we need your help.' Cinnamon Toast Crunch is asking our biggest fans to visit to join the search to find these rogue boxes. You can opt in for a chance to get your own box and if yours contains 'The Last Square,' you'll be eligible to redeem it for a full year's supply of Cinnamon Toast Crunch to help us contain the cinnamon-y chaos. Check out @cinnamontoastcrunch on social for updates, theories and exactly how the squares lost control. And in the meantime, keep an ear out. If you hear crunching… it might already be too late. About General Mills General Mills makes food the world loves. The company is guided by its Accelerate strategy to boldly build its brands, relentlessly innovate, unleash its scale and stand for good. Its portfolio of beloved brands includes household names like Cheerios, Nature Valley, Blue Buffalo, Häagen-Dazs, Old El Paso, Pillsbury, Betty Crocker, Yoplait, Totino's, Annie's, Wanchai Ferry, Yoki and more. General Mills generated fiscal 2024 net sales of U.S. $20 billion. In addition, the company's share of non-consolidated joint venture net sales totaled U.S. $1 billion. For more information, visit

General Mills forecasts weak annual profit as economic uncertainty weighs
General Mills forecasts weak annual profit as economic uncertainty weighs

CTV News

time4 days ago

  • Business
  • CTV News

General Mills forecasts weak annual profit as economic uncertainty weighs

In this Aug 8, 2018, file photo boxes of General Mills Cinnamon Toast Crunch cereal sit on display in a market in Pittsburgh. (AP Photo/Gene J. Puskar, File) 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 U.S. 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 investments in marketing and acquisitions are seen taking a toll on its margins. 'We expect the operating environment will remain volatile, with consumers pressured by widespread uncertainty from tariffs, global conflicts, and changing regulations,' CEO Jeff Harmening said. 'Amid this uncertainty, we expect consumers to remain cautious and continue seeking value.' Shares of the Cheerios-maker were down nearly two per cent before the bell. The company expects full-year adjusted profit to be in the range of down ten per cent to down 15 per cent, compared to analysts' estimates of a 4.8 per cent decline, as per data compiled by LSEG. For the fourth quarter ended May 25, General Mills posted sales of US$4.56 billion, narrowly missing analysts' estimates of US$4.59 billion, as per data compiled by LSEG. Net sales at its North America retail segment, a major revenue contributor, were down ten per cent, offsetting gains from a 12 per cent rise in General Mills' pet segment sales in the region. The two segments had recorded declines of seven and eight per cent, respectively, a year ago. The company, however, posted an adjusted profit of 74 cents per share for the reported quarter, above analysts' estimate of 71 cents per share. --- Reporting by Neil J Kanatt in Bengaluru; Editing by Leroy Leo

General Mills Says Sales May Fall Amid Shifting Habits, Higher Costs
General Mills Says Sales May Fall Amid Shifting Habits, Higher Costs

Wall Street Journal

time4 days ago

  • Business
  • Wall Street Journal

General Mills Says Sales May Fall Amid Shifting Habits, Higher Costs

General Mills GIS -0.11%decrease; red down pointing triangle said organic sales could fall again in the current fiscal year as consumers continue to spend less on snacks, despite efforts to return to growth. The maker of Cinnamon Toast Crunch and Bisquick pancake mix on Wednesday said its top priority in fiscal 2026 is to restore volume-driven organic sales growth. 'To do that, we'll invest further in consumer value, product news, innovation and brand building,' Chief Executive Jeff Harmening said.

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