General Mills Inc
GIS: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| $b | LOCK|t<Ts^ | LOCK|@Q&Wjb |
General Mills Earnings: Increased Promotional Activity Should Lead to Low Percentage Point FVE Cut
General Mills reported mixed fiscal second-quarter results. Although organic net sales were still up 1% and the adjusted operating margin was up 100 basis points to 20.3%, the company now expects increased promotional investments to be necessary to maintain the current levels of top-line growth.
