General Mills Boosts Profit at Expense of Sales - News Summed Up

General Mills Boosts Profit at Expense of Sales


General Mills Inc. boosted profit with higher prices, but sales slipped in the latest quarter for the maker of Cheerios cereal and Yoplait yogurt. That reflects the challenge big food makers face as they raise prices on products that in many cases have fallen out of favor with consumers who prefer fresh food. Excluding certain costs, Minneapolis-based...


Source: Wall Street Journal March 20, 2019 11:45 UTC



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