General Mills (NYSE:GIS) has sold its Brazilian business, Yoki Alimentos S.A. business, which contributed approximately $350 million to its fiscal 2025 net sales. The transaction is expected to close by the end of calendar 2026, pending regulatory approvals. The sale aligns with General Mills’ strategy to focus on core markets and brands that drive long-term profitable growth. The divestiture follows nearly one-third of General Mills' portfolio through acquisitions and divestitures, indicating a significant strategic shift. The stock is currently trading 10.1% below its 20-day simple moving average (SMA) and 14.8% under its 100-day SMA, indicating an oversold trend.