General Mills Eyes $3 Billion in Cost Cuts to Counter Inflation

Dow Jones
Jul 01

General Mills is ramping up efficiency efforts with a target of $3 billion in cumulative cost savings by fiscal 2030. The company expects to deliver $750 million in fiscal 2027 alone. About $2 billion of the total target comes from the company's Holistic Margin Management productivity program, with the remainder from a global transformation initiative and supply chain network redesign. The push comes as the company looks to offset sustained input cost inflation while funding brand investments-a balancing act that will shape its margin trajectory over the next several years.

 

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(END) Dow Jones Newswires

July 01, 2026 08:45 ET (12:45 GMT)

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