General Mills Q3: Profits Up, Sales Volume Down

General Mills' latest earnings: A mixed bag! Revenue matched expectations but dropped 7%, while earnings per share exceeded forecasts. Operating margin soared, but sales volumes plunged 8%, continuing a worrying trend. Can CEO Jeff Harmening's innovation plan reverse the decline, or will General Mills struggle to reignite consumer demand? The stock price remains steady, but investors eye the eroding sales volume with concern. Is General Mills a buy, or will the volume slump continue? Hosted on Acast. See acast.com/privacy for more information.