Fiscal 2026 saw a net loss of $1.92 billion due to $2.93 billion in impairment charges, with net sales down 2.9% to $11.28 billion. All segments except Foodservice declined, and major divestitures and restructuring were completed. The company anticipates continued cost inflation and plans further p…
Fiscal 2026 saw a net loss of $1.92 billion due to $2.93 billion in impairment charges, with net sales down 2.9% to $11.28 billion. All segments except Foodservice declined, and major divestitures and restructuring were completed. The company anticipates continued cost inflation and plans further price increases in fiscal 2027.
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