General Mills reaffirmed its full-year financial targets for fiscal 2025: Organic net sales are expected to range between flat and up 1 percent. Adjusted operating profit is expected to range between down 2 percent and flat in constant currency, including a 2-point headwind from resetting incentive compensation after a below-average payout in the prior year. Adjusted diluted EPS is expected to range between down 1 percent and up 1 percent in constant currency. Free cash flow conversion is expected to be at least 95 percent of adjusted after-tax earnings.
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