General Mills sees cereal competitors gain ground
Harmening says sales growth in fiscal 2024 unlikely.
Source: bakingbusiness.com
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Top News In General Mill Today - Breaking & Trending Today
'Stressed consumer' cutting General Mills outlook
Harmening says sales growth in fiscal 2024 unlikely
Source: foodbusinessnews.net
Business - HITS FM
Boxes of General Mills cereal are displayed on a grocery store shelf on Dec. 20, 2023 in San Anselmo, Calif. (Justin Sullivan/Getty Images)(NEW YORK) -- Breakfast foods maker General Mills, the brand behind familiar cereals like Cheerios, Lucky Charms and Wheaties, may not be a consumer favorite anymore as the company experiences slowing sales and increasing price hikes. In the company's latest quarterly financial report, General Mills' CEO Jeff Harmening blamed the drop on "stronger-than-anticipated value-seeking behaviors," meaning that people are finding cheaper alternatives to hi...
Source: hitsfm.net
Business - KSYL-AM
Boxes of General Mills cereal are displayed on a grocery store shelf on Dec. 20, 2023 in San Anselmo, Calif. (Justin Sullivan/Getty Images)(NEW YORK) -- Breakfast foods maker General Mills, the brand behind familiar cereals like Cheerios, Lucky Charms and Wheaties, may not be a consumer favorite anymore as the company experiences slowing sales and increasing price hikes. In the company's latest quarterly financial report, General Mills' CEO Jeff Harmening blamed the drop on "stronger-than-anticipated value-seeking behaviors," meaning that people are finding cheaper alternatives to hi...
Source: ksyl.com
Business - Carroll Broadcasting Inc.
Boxes of General Mills cereal are displayed on a grocery store shelf on Dec. 20, 2023 in San Anselmo, Calif. (Justin Sullivan/Getty Images)(NEW YORK) -- Breakfast foods maker General Mills, the brand behind familiar cereals like Cheerios, Lucky Charms and Wheaties, may not be a consumer favorite anymore as the company experiences slowing sales and increasing price hikes. In the company's latest quarterly financial report, General Mills' CEO Jeff Harmening blamed the drop on "stronger-than-anticipated value-seeking behaviors," meaning that people are finding cheaper alternatives to hi...
Source: wkjc.com