{"id":110548,"date":"2026-07-11T00:13:51","date_gmt":"2026-07-10T22:13:51","guid":{"rendered":"https:\/\/www.infokuryr.cz\/n\/?p=110548"},"modified":"2026-07-10T12:36:43","modified_gmt":"2026-07-10T10:36:43","slug":"general-mills-vysledky-za-4-ctvrtleti-2026-prekonaly-ocekavani-i-v-narocnem-prostredi","status":"publish","type":"post","link":"https:\/\/www.infokuryr.cz\/n\/2026\/07\/11\/general-mills-vysledky-za-4-ctvrtleti-2026-prekonaly-ocekavani-i-v-narocnem-prostredi\/","title":{"rendered":"General Mills: V\u00fdsledky za 4. \u010dtvrtlet\u00ed 2026 p\u0159ekonaly o\u010dek\u00e1v\u00e1n\u00ed i v n\u00e1ro\u010dn\u00e9m prost\u0159ed\u00ed"},"content":{"rendered":"<div id=\"fb-root\"><\/div>\n<p><em>Spole\u010dnost General Mills p\u0159edkl\u00e1d\u00e1 tvrd\u00e1 \u010d\u00edsla i nep\u0159\u00edjemnou realitu. Ve \u010dtvrt\u00e9m fisk\u00e1ln\u00edm \u010dtvrtlet\u00ed roku 2026 dos\u00e1hla upraven\u00fdch v\u00fdsledk\u016f v souladu s o\u010dek\u00e1v\u00e1n\u00edm, z\u00e1rove\u0148 v\u0161ak vyk\u00e1zala v\u00fdraznou \u00fa\u010detn\u00ed ztr\u00e1tu v d\u016fsledku rozs\u00e1hl\u00fdch odpis\u016f zna\u010dkov\u00fdch aktiv, kter\u00e9 p\u0159ivedly cel\u00fd rok do celkov\u00e9 ztr\u00e1ty. Spole\u010dnost proto kombinuje stabiln\u00ed upraven\u00e9 v\u00fdsledky s agresivn\u00edm pl\u00e1nem na zvy\u0161ov\u00e1n\u00ed efektivity, v r\u00e1mci kter\u00e9ho chce do fisk\u00e1ln\u00edho roku 2030 postupn\u011b u\u0161et\u0159it na n\u00e1kladech celkem 3 miliardy USD.<\/em><\/p>\n<h3><strong>\u010c\u00edsla na \u00farovni o\u010dek\u00e1v\u00e1n\u00ed<\/strong><\/h3>\n<p>Za \u010dtvrt\u00e9 \u010dtvrtlet\u00ed fisk\u00e1ln\u00edho roku 2026 dos\u00e1hla spole\u010dnost General Mills \u010dist\u00fdch tr\u017eeb ve v\u00fd\u0161i 4,6 miliardy USD, co\u017e p\u0159edstavuje meziro\u010dn\u00ed n\u00e1r\u016fst o 1 %, p\u0159i\u010dem\u017e organick\u00e9 \u010dist\u00e9 tr\u017eby byly na stejn\u00e9 \u00farovni jako v lo\u0148sk\u00e9m roce. Na r\u016fst tr\u017eeb m\u011bl vliv zejm\u00e9na 53. t\u00fdden, kter\u00fd p\u0159isp\u011bl 7 body, 1 bod p\u0159isp\u011bly sm\u011bnn\u00e9 kurzy a 7 bod\u016f negativn\u011b ovlivnil \u010dist\u00fd dopad akvizic a prodej\u016f. Hrub\u00e1 mar\u017ee vzrostla na 34,8 %, upraven\u00e1 hrub\u00e1 mar\u017ee na 34,2 %, a to v obou p\u0159\u00edpadech zejm\u00e9na d\u00edky p\u0159\u00edzniv\u00e9mu cenov\u00e9mu v\u00fdvoji a produktov\u00e9mu mixu. Spole\u010dnost v\u0161ak vyk\u00e1zala provozn\u00ed ztr\u00e1tu ve v\u00fd\u0161i 2,1 miliardy USD a z\u0159ed\u011bnou ztr\u00e1tu na akcii ve v\u00fd\u0161i 3,74 USD, proto\u017ee v\u00fdsledky zahrnuj\u00ed 1,8 miliardy USD v nepen\u011b\u017en\u00edch odpisech minul\u00fdch akvizic, zna\u010dkov\u00fdch aktiv a 1,0 miliardy USD nepen\u011b\u017en\u00ed ztr\u00e1ty v souvislosti s pl\u00e1novan\u00fdm prodejem podniku v Braz\u00edlii.<a href=\"#_ftn1\" name=\"_ftnref1\">[1]<\/a><\/p>\n<p>Na upraven\u00e9 b\u00e1zi vypad\u00e1 \u010dtvrtlet\u00ed podstatn\u011b l\u00e9pe. Upraven\u00fd provozn\u00ed zisk dos\u00e1hl 705 milion\u016f USD, co\u017e v konstantn\u00ed m\u011bn\u011b p\u0159edstavuje 13% r\u016fst, a upraven\u00e1 provozn\u00ed mar\u017ee se zv\u00fd\u0161ila na 15,3 %. Upraven\u00fd z\u0159ed\u011bn\u00fd zisk na akcii vzrostl na 0,95 USD, co\u017e p\u0159edstavuje n\u00e1r\u016fst o 27 % v konstantn\u00ed m\u011bn\u011b d\u00edky vy\u0161\u0161\u00edmu upraven\u00e9mu provozn\u00edmu zisku, ni\u017e\u0161\u00ed upraven\u00e9 efektivn\u00ed da\u0148ov\u00e9 sazb\u011b a ni\u017e\u0161\u00edmu po\u010dtu akci\u00ed, \u010d\u00e1ste\u010dn\u011b kompenzovan\u00e9mu vy\u0161\u0161\u00edmi \u010dist\u00fdmi \u00farokov\u00fdmi n\u00e1klady. Fisk\u00e1ln\u00ed rok 2026, kter\u00fd trval 53 t\u00fddn\u016f, p\u0159inesl celoro\u010dn\u00ed \u010dist\u00e9 tr\u017eby ve v\u00fd\u0161i 18,4 miliardy USD, co\u017e p\u0159edstavuje meziro\u010dn\u00ed pokles o 5 %, p\u0159i\u010dem\u017e organick\u00e9 \u010dist\u00e9 tr\u017eby klesly o 2 %. Hrub\u00e1 mar\u017ee za rok klesla na 33,6 %, upraven\u00e1 hrub\u00e1 mar\u017ee na 33,5 %, zejm\u00e9na kv\u016fli vy\u0161\u0161\u00edm vstupn\u00edm n\u00e1klad\u016fm, \u010d\u00e1ste\u010dn\u011b kompenzovan\u00fdm p\u0159\u00edzniv\u00fdm cenov\u00fdm v\u00fdvojem a produktov\u00fdm mixem, v\u010detn\u011b dopadu prodeje jogurtov\u00e9ho podniku v Severn\u00ed Americe.<sup>1<\/sup><\/p>\n<h3><strong>Celoro\u010dn\u00ed v\u00fdsledek<\/strong><\/h3>\n<p>Za fisk\u00e1ln\u00ed rok 2026 vyk\u00e1zala spole\u010dnost General Mills provozn\u00ed zisk ve v\u00fd\u0161i 886 milion\u016f USD, co\u017e p\u0159edstavuje pokles o 73 % oproti 3,3 miliard\u00e1m USD v roce 2025, a to zejm\u00e9na kv\u016fli minul\u00fdm akvizic\u00edm a odpis\u016fm zna\u010dek, ztr\u00e1t\u011b hodnoty brazilsk\u00e9ho podniku a ni\u017e\u0161\u00edmu hrub\u00e9mu zisku. Provozn\u00ed mar\u017ee klesla ze 17,0 % na 4,8 % tr\u017eeb, co\u017e jasn\u011b ukazuje dopad t\u011bchto jednor\u00e1zov\u00fdch \u00fa\u010detn\u00edch polo\u017eek na vykazovan\u00fd v\u00fdsledek. Upraven\u00fd provozn\u00ed zisk za rok dos\u00e1hl 2,8 miliardy USD, co\u017e p\u0159edstavuje pokles o 16 % v konstantn\u00ed m\u011bn\u011b, p\u0159i\u010dem\u017e upraven\u00e1 provozn\u00ed mar\u017ee klesla na 15,3 % tr\u017eeb. Na \u00farovni \u010dist\u00e9ho v\u00fdsledku spole\u010dnost vykazuje celoro\u010dn\u00ed \u010distou ztr\u00e1tu General Mills ve v\u00fd\u0161i 88 milion\u016f USD, co\u017e p\u0159edstavuje ztr\u00e1tu 0,16 USD na z\u0159ed\u011bnou akcii oproti zisku 4,10 USD na akcii v lo\u0148sk\u00e9m roce.<sup>1<\/sup><\/p>\n<p>Na upraven\u00e9 b\u00e1zi spole\u010dnost General Mills i nad\u00e1le vykazuje ziskov\u00e9 hospoda\u0159en\u00ed. Upraven\u00fd z\u0159ed\u011bn\u00fd zisk na akcii za fisk\u00e1ln\u00ed rok 2026 dos\u00e1hl 3,55 USD, co\u017e p\u0159edstavuje pokles o 16 % v konstantn\u00ed m\u011bn\u011b oproti minul\u00e9mu roku. Pokles upraven\u00e9ho zisku na akcii je zp\u016fsoben p\u0159edev\u0161\u00edm ni\u017e\u0161\u00edm upraven\u00fdm provozn\u00edm ziskem, zat\u00edmco ni\u017e\u0161\u00ed po\u010det akci\u00ed v ob\u011bhu p\u016fsob\u00ed jako \u010d\u00e1ste\u010dn\u00e1 kompenzace. Efektivn\u00ed da\u0148ov\u00e1 sazba podle GAAP v\u00fdrazn\u011b vzrostla na 102,2 % oproti 20,2 % v lo\u0148sk\u00e9m roce, proto\u017ee rozs\u00e1hl\u00fd \u00fa\u010detn\u00ed odpis hodnoty zna\u010dek a minul\u00fdch akvizic nebylo mo\u017en\u00e9 uplatnit pro da\u0148ov\u00e9 \u00fa\u010dely, zat\u00edmco upraven\u00e1 efektivn\u00ed sazba vzrostla pouze m\u00edrn\u011b na 21,1 %.<sup>1<\/sup><\/p>\n<h3><strong>Segmenty<\/strong><\/h3>\n<p>Segment maloobchodu v Severn\u00ed Americe dos\u00e1hl ve \u010dtvrt\u00e9m \u010dtvrtlet\u00ed tr\u017eeb ve v\u00fd\u0161i 2,5 miliardy USD, co\u017e p\u0159edstavuje pokles o 4 %, p\u0159i\u010dem\u017e negativn\u00ed vliv v\u00fdprodej\u016f \u010dinil 10 bod\u016f a pozitivn\u00ed vliv 53. t\u00fddne 7 bod\u016f. Organick\u00e9 \u010dist\u00e9 tr\u017eby v tomto segmentu se v z\u00e1sad\u011b dr\u017eely na \u00farovni lo\u0148sk\u00e9ho roku, zat\u00edmco maloobchodn\u00ed tr\u017eby m\u011b\u0159en\u00e9 spole\u010dnost\u00ed Nielsen poklesly o 4 %, p\u0159i\u010dem\u017e tento rozd\u00edl lze vysv\u011btlit \u010dasov\u00fdm posunem obchodn\u00edch v\u00fddaj\u016f a stavem z\u00e1sob obchodn\u00edk\u016f. Segmentov\u00fd provozn\u00ed zisk ve 4. \u010dtvrtlet\u00ed dos\u00e1hl 506 milion\u016f USD a meziro\u010dn\u011b vzrostl o 7 %, podpo\u0159en p\u0159\u00edznivou cenovou realizac\u00ed, produktov\u00fdm mixem a ni\u017e\u0161\u00edmi n\u00e1klady SG&amp;A, a to i p\u0159es ni\u017e\u0161\u00ed objem, v\u010detn\u011b dopadu v\u00fdprodeje jogurt\u016f a vy\u0161\u0161\u00edch vstupn\u00edch n\u00e1klad\u016f. Za cel\u00fd rok 2026 tento segment dos\u00e1hl tr\u017eeb ve v\u00fd\u0161i 10,6 miliardy USD, co\u017e p\u0159edstavuje pokles o 11 %, p\u0159i\u010dem\u017e organick\u00e9 \u010dist\u00e9 tr\u017eby segmentu klesly o 3 % a segmentov\u00fd provozn\u00ed zisk se sn\u00ed\u017eil na 2,2 miliardy USD, tedy o 20 %.<sup>1<\/sup><\/p>\n<p>Mezin\u00e1rodn\u00ed segment tvo\u0159\u00ed protip\u00f3l k dom\u00e1c\u00edmu podnik\u00e1n\u00ed. Ve \u010dtvrt\u00e9m \u010dtvrtlet\u00ed dos\u00e1hl tr\u017eeb ve v\u00fd\u0161i 858 milion\u016f USD, co\u017e p\u0159edstavuje meziro\u010dn\u00ed r\u016fst o 16 % p\u0159i 8bodov\u00e9m p\u0159\u00edsp\u011bvku 53. t\u00fddne a 5bodov\u00e9m p\u0159\u00edsp\u011bvku sm\u011bnn\u00fdch kurz\u016f. Organick\u00e9 \u010dist\u00e9 tr\u017eby v mezin\u00e1rodn\u00edm segmentu vzrostly o 3 %, ta\u017eeny r\u016fstem v Braz\u00edlii, Evrop\u011b, Indii a \u010c\u00edn\u011b. Segmentov\u00fd provozn\u00ed zisk ve 4. \u010dtvrtlet\u00ed dos\u00e1hl 61 milion\u016f USD, co\u017e p\u0159edstavuje 81% r\u016fst podle vykazovan\u00fdch \u010d\u00edsel a 72% r\u016fst v konstantn\u00ed m\u011bn\u011b. Za cel\u00fd rok 2026 dos\u00e1hl mezin\u00e1rodn\u00ed segment tr\u017eeb ve v\u00fd\u0161i 3,0 miliardy USD, co\u017e p\u0159edstavuje n\u00e1r\u016fst o 9 %, p\u0159i\u010dem\u017e organick\u00e9 \u010dist\u00e9 tr\u017eby vzrostly o 3 % a celoro\u010dn\u00ed segmentov\u00fd provozn\u00ed zisk se zv\u00fd\u0161il na 189 milion\u016f USD, co\u017e p\u0159edstavuje n\u00e1r\u016fst o 96 %.<sup>1<\/sup><\/p>\n<h3><strong>Pen\u011b\u017en\u00ed toky a kapit\u00e1l<\/strong><\/h3>\n<p>Pen\u011b\u017en\u00ed toky z provozn\u00ed \u010dinnosti ve fisk\u00e1ln\u00edm roce 2026 dos\u00e1hly 2,2 miliardy USD oproti 2,9 miliard\u00e1m USD v p\u0159edchoz\u00edm roce, p\u0159i\u010dem\u017e tento pokles souvisel zejm\u00e9na se zm\u011bnami v z\u00e1vazc\u00edch, ostatn\u00edch kr\u00e1tkodob\u00fdch aktivech a z\u00e1vazc\u00edch. Kapit\u00e1lov\u00e9 investice klesly na 540 milion\u016f USD z 625 milion\u016f USD, co\u017e znamen\u00e1 ni\u017e\u0161\u00ed kapit\u00e1lov\u00e9 v\u00fddaje. P\u0159epo\u010det provozn\u00edho cash flow na procenta zisku po zdan\u011bn\u00ed nen\u00ed vzhledem k ro\u010dn\u00ed ztr\u00e1t\u011b smyslupln\u00fd, av\u0161ak p\u0159epo\u010det voln\u00e9ho cash flow dos\u00e1hl 85 % upraven\u00e9ho zisku po zdan\u011bn\u00ed. Dividendy vyplacen\u00e9 v roce 2026 poklesly o 2 % na 1,3 miliardy USD a zp\u011btn\u00fd odkup akci\u00ed dos\u00e1hl 500 milion\u016f USD oproti 1,2 miliardy USD v roce 2025, p\u0159i\u010dem\u017e pr\u016fm\u011brn\u00fd po\u010det z\u0159ed\u011bn\u00fdch akci\u00ed poklesl o 4 % na 538 milion\u016f.<sup>1<\/sup><\/p>\n<p>Na \u00farovni rozvahy vykazuje spole\u010dnost General Mills celkov\u00e1 aktiva ve v\u00fd\u0161i 30,0 miliardy USD oproti 33,1 miliardy USD v lo\u0148sk\u00e9m roce, p\u0159i\u010dem\u017e \u00fa\u010detn\u00ed hodnota zna\u010dek a minul\u00fdch akvizic klesla z 15,6 na 14,1 miliardy USD a ostatn\u00ed nehmotn\u00e1 aktiva z 7,1 na 6,7 miliardy USD v d\u016fsledku odpis\u016f. Celkov\u00e9 z\u00e1vazky se sn\u00ed\u017eily z 23,9 na 22,6 miliardy USD, zat\u00edmco vlastn\u00ed kapit\u00e1l akcion\u00e1\u0159\u016f klesl z 9,2 na 7,4 miliardy USD, co\u017e odr\u00e1\u017e\u00ed \u00fa\u010detn\u00ed ztr\u00e1tu za dan\u00fd rok a v\u00fdznamn\u00e9 \u00fa\u010detn\u00ed sn\u00ed\u017een\u00ed hodnoty zna\u010dek a minul\u00fdch akvizic. P\u0159edstavenstvo vyhl\u00e1silo \u010dtvrtletn\u00ed dividendu ve v\u00fd\u0161i 0,61 USD na akcii, splatnou 3. srpna 2026 akcion\u00e1\u0159\u016fm k 10. \u010dervenci 2026, p\u0159i\u010dem\u017e spole\u010dnost General Mills a jej\u00ed p\u0159edch\u016fdce vypl\u00e1cej\u00ed dividendy bez p\u0159eru\u0161en\u00ed ji\u017e 127 let.<sup>1<\/sup><\/p>\n<h3><strong>Pl\u00e1n do fisk\u00e1ln\u00edho roku 2030<\/strong><\/h3>\n<p>Spole\u010dnost General Mills uv\u00e1d\u00ed, \u017ee fisk\u00e1ln\u00ed rok 2027 m\u00e1 b\u00fdt ve znamen\u00ed zlep\u0161en\u00ed organick\u00e9ho r\u016fstu a zv\u00fd\u0161en\u00ed efektivity. Spole\u010dnost chce pos\u00edlit atraktivitu a zapamatovatelnost sv\u00fdch zna\u010dek prost\u0159ednictv\u00edm produktu, balen\u00ed, komunikace, realizace nap\u0159\u00ed\u010d v\u0161emi prodejn\u00edmi kan\u00e1ly a celkov\u00e9 hodnoty pro spot\u0159ebitele. Z\u00e1rove\u0148 ozn\u00e1mila c\u00edl postupn\u011b do fisk\u00e1ln\u00edho roku 2030 u\u0161et\u0159it na n\u00e1kladech celkem 3 miliardy USD, z toho p\u0159ibli\u017en\u011b 2 miliardy USD prost\u0159ednictv\u00edm programu Holistic Margin Management zam\u011b\u0159en\u00e9ho na produktivitu a p\u0159ibli\u017en\u011b 1 miliardu USD prost\u0159ednictv\u00edm glob\u00e1ln\u00ed transforma\u010dn\u00ed iniciativy a dal\u0161\u00edch opat\u0159en\u00ed na zv\u00fd\u0161en\u00ed n\u00e1kladov\u00e9 efektivity. Spole\u010dnost o\u010dek\u00e1v\u00e1, \u017ee ji\u017e v roce 2027 dos\u00e1hne v r\u00e1mci tohoto r\u00e1mce \u00faspor ve v\u00fd\u0161i nejm\u00e9n\u011b 750 milion\u016f USD.<a href=\"#_ftn2\" name=\"_ftnref2\">[2]<\/a> [2]<\/p>\n<p>V\u00fdhled na fisk\u00e1ln\u00ed rok 2027 je formulov\u00e1n jasn\u011b. Spole\u010dnost General Mills p\u0159edpokl\u00e1d\u00e1 organick\u00e9 \u010dist\u00e9 tr\u017eby v rozmez\u00ed od poklesu o 1,5 % a\u017e po r\u016fst o 0,5 %, upraven\u00fd provozn\u00ed zisk v konstantn\u00ed m\u011bn\u011b by se m\u011bl pohybovat mezi poklesem o 13 % a 8 % oproti z\u00e1kladn\u011b 2,8 miliardy USD v roce 2026 a upraven\u00fd z\u0159ed\u011bn\u00fd zisk na akcii by se m\u011bl pohybovat v rozmez\u00ed 3,00 a\u017e 3,20 USD. Spole\u010dnost z\u00e1rove\u0148 o\u010dek\u00e1v\u00e1 konverzi voln\u00e9ho cash flow p\u0159ibli\u017en\u011b na \u00farovni 95 % upraven\u00e9ho zisku po zdan\u011bn\u00ed a upozor\u0148uje, \u017ee \u010dist\u00fd vliv prodej\u016f, sm\u011bnn\u00fdch kurz\u016f a 53. t\u00fddne sn\u00ed\u017e\u00ed vykazovan\u00fd r\u016fst \u010dist\u00fdch tr\u017eeb v roce 2027 p\u0159ibli\u017en\u011b o 2 %.<sup>1<\/sup> [3]<\/p>\n<h4><strong>David Matulay, analytik <\/strong><a href=\"https:\/\/investingfox.com\/cs\"><strong>InvestingFox<\/strong><\/a><\/h4>\n<p>[1,2,3] V\u00fdhledov\u00e1 prohl\u00e1\u0161en\u00ed vych\u00e1zej\u00ed z p\u0159edpoklad\u016f a aktu\u00e1ln\u00edch o\u010dek\u00e1v\u00e1n\u00ed, kter\u00e1 mohou b\u00fdt nep\u0159esn\u00e1, nebo z aktu\u00e1ln\u00edho ekonomick\u00e9ho prost\u0159ed\u00ed, kter\u00e9 se m\u016f\u017ee zm\u011bnit. Takov\u00e1 prohl\u00e1\u0161en\u00ed nejsou z\u00e1rukou budouc\u00ed v\u00fdkonnosti. Zahrnuj\u00ed rizika a dal\u0161\u00ed nejistoty, kter\u00e9 lze jen t\u011b\u017eko p\u0159edv\u00eddat. V\u00fdsledky se mohou podstatn\u011b li\u0161it od v\u00fdsledk\u016f vyj\u00e1d\u0159en\u00fdch nebo implikovan\u00fdch v jak\u00fdchkoli v\u00fdhledov\u00fdch prohl\u00e1\u0161en\u00edch.<\/p>\n<p>Upozorn\u011bn\u00ed! Tento marketingov\u00fd materi\u00e1l nen\u00ed a nesm\u00ed b\u00fdt ch\u00e1p\u00e1n jako investi\u010dn\u00ed poradenstv\u00ed. \u00dadaje t\u00fdkaj\u00edc\u00ed se minulosti nejsou z\u00e1rukou budouc\u00edch v\u00fdnos\u016f. Investice v ciz\u00ed m\u011bn\u011b mohou ovlivnit v\u00fdnosy v d\u016fsledku kurzov\u00fdch v\u00fdkyv\u016f. Ve\u0161ker\u00e9 obchody s cenn\u00fdmi pap\u00edry mohou v\u00e9st jak k zisk\u016fm, tak ke ztr\u00e1t\u00e1m. V\u00fdhledov\u00e1 prohl\u00e1\u0161en\u00ed p\u0159edstavuj\u00ed p\u0159edpoklady a aktu\u00e1ln\u00ed o\u010dek\u00e1v\u00e1n\u00ed, kter\u00e1 nemus\u00ed b\u00fdt p\u0159esn\u00e1, nebo vych\u00e1zej\u00ed z aktu\u00e1ln\u00edho ekonomick\u00e9ho prost\u0159ed\u00ed, kter\u00e9 se m\u016f\u017ee zm\u011bnit. Tato prohl\u00e1\u0161en\u00ed nezaru\u010duj\u00ed budouc\u00ed v\u00fdkonnost. <a href=\"https:\/\/investingfox.com\/cs\">InvestingFox<\/a> je obchodn\u00ed zna\u010dka spole\u010dnosti CAPITAL MARKETS, o.c.p., a.s., regulovan\u00e9 N\u00e1rodn\u00ed bankou Slovenska.<\/p>\n<p><a href=\"#_ftnref1\" name=\"_ftn1\">[1]<\/a> <a href=\"https:\/\/investors.generalmills.com\/press-releases\/press-release-details\/2026\/General-Mills-Reports-Fiscal-2026-Fourth-quarter-Adjusted-Results-in-Line-with-Company-Expectations\/default.aspx\">https:\/\/investors.generalmills.com\/press-releases\/press-release-details\/2026\/General-Mills-Reports-Fiscal-2026-Fourth-quarter-Adjusted-Results-in-Line-with-Company-Expectations\/default.aspx<\/a><\/p>\n<p><a href=\"#_ftnref2\" name=\"_ftn2\">[2]<\/a> <a href=\"https:\/\/www.investing.com\/news\/transcripts\/earnings-call-transcript-general-mills-beats-q4-2026-estimates-as-shares-jump-93CH-4770738\">https:\/\/www.investing.com\/news\/transcripts\/earnings-call-transcript-general-mills-beats-q4-2026-estimates-as-shares-jump-93CH-4770738<\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Spole\u010dnost General Mills p\u0159edkl\u00e1d\u00e1 tvrd\u00e1 \u010d\u00edsla i nep\u0159\u00edjemnou realitu. Ve \u010dtvrt\u00e9m fisk\u00e1ln\u00edm \u010dtvrtlet\u00ed roku 2026&#8230;<\/p>\n","protected":false},"author":2,"featured_media":69819,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[6],"tags":[1042,45,331],"_links":{"self":[{"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/posts\/110548"}],"collection":[{"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/comments?post=110548"}],"version-history":[{"count":0,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/posts\/110548\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/media\/69819"}],"wp:attachment":[{"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/media?parent=110548"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/categories?post=110548"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/tags?post=110548"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}