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General Mills cites progress for North America Retail
General Mills Inc. is seeing progress in its North America Retail (NAR) business, despite a 4% decline in organic sales for the third quarter of fiscal 2026. CEO Jeffrey Harmening highlighted that the company’s “remarkable experience framework” plan, which includes price adjustments and product innovation, is working. NAR grew or held total pound share in over 70% of its priority businesses, and household penetration rose in 7 of its top 10 categories, indicating a path toward stabilized growth in fiscal 2027.