General Mills Takes Another Hit, and It's Not Just Cereal That's to Blame
In this segment from the Motley Fool Money radio show, host Chris Hill, Million Dollar Portfolio's Jason Moser, Total Income's Ron Gross, and Motley Fool Pro and Options' Jeff Fischer discuss the difficulties facing packaged-food companies in general, and General Mills (NYSE: GIS) specifically. You probably already knew that cereal sales were flagging, as millennials don't eat as much of it, but the company's yogurt sales fell a remarkable 22%. And in the grocery business, declines tend to feed into further declines.
A full transcript follows the video.
Source: Fool.com
General Mills Inc. Stock
€61.86
-1.250%
Currently there is a rather positive sentiment for General Mills Inc. with 7 Buy predictions and 3 Sell predictions.
With a target price of 68 € there is a slightly positive potential of 9.93% for General Mills Inc. compared to the current price of 61.86 €.
