The packaged foods giant expects stable growth amid tough headwinds in 2020.
News & Analysis: General Mills
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Shares of the packaged-food company gained as it showed improvement in key parts of its business.
With the popularity of its older brands waning, the cereal and packaged-foods titan is trying to pivot into the trends.
Shareholders in General Mills, FedEx, and Netflix have causes for concern this week.
Earnings results were underwhelming to close out the 2019 fiscal year, but the prepackaged food conglomerate is still a pretty solid income stock.
GIS earnings call for the period ending June 26, 2019.
The stock market was optimistic on Wednesday morning.
Pet food performed well in the recent quarter, but other businesses continue to struggle.
Hitting projected numbers, continued margin improvement, and the promise of a huge fourth quarter in the pet category are all themes investors should watch when General Mills reports on the last three months.