General Mills reported a 3% year-on-year drop in fourth-quarter revenue to $4.56 billion and said fiscal-2025 net sales slipped 2% to $19.5 billion. Full-year operating profit fell 4% to $3.3 billion while net profit declined 8% to $2.3 billion. The board lifted the quarterly dividend by 2% to $0.61 a share, but the stock fell roughly 4% in pre-market trading after the company cautioned that fiscal 2026 will be marked by “volatile” conditions and set restoring volume-driven organic growth as its top target. McCormick & Company delivered a contrasting performance, posting second-quarter earnings per share of $0.69, above the $0.66 consensus, on sales of $1.659 billion. Operating income rose to $246 million from $234 million a year earlier, and adjusted operating income reached $259 million. The spice maker reiterated full-year EPS guidance of $3.03 to $3.08, sending its shares up about 5% in early trading. Both packaged-food companies pointed to the U.S. 145% tariff on Chinese goods, global conflicts and shifting regulations as sources of cost and demand uncertainty. McCormick’s chief executive said the firm has “done a nice job” offsetting tariff pressures by sourcing most products sold in the United States domestically, while General Mills warned that consumer spending remains under strain. The divergent reactions highlight how branded food makers are navigating higher input costs and mixed consumer trends as the sector’s earnings season unfolds.