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General Mills Cuts Sales Guidance Amid ‘Slower Volume Recovery’

Por: MarketWatch Business December 20, 2023

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Net sales of $5.14 billion fell from the year-ago quarter and were below expectations of $5.35 billion. Within its North America retail and pet segments, net sales fell 2% and 4% respectively, while net sales for North America foodservice were flat and international net sales jumped 2%. “While we saw a slower-than-expected volume recovery in the second quarter amid a continued challenging consumer landscape, we generated bottom-line growth... + full article



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