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Cheerios maker General Mills beats first-quarter estimates on higher product prices

Por: Fox Business Business September 20, 2023

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Chefs John McLemore Sr. and John McLemore II discuss the rise in food inflation under the Biden administration on 'The Big Money Show.'  General Mills topped and profit estimates on Wednesday, as higher prices for its breakfast cereals, snack bars and pet food products helped offset slowing demand. Shares rose about 1% in early trading after the company maintained its annual sales and profit forecasts.Packaged food makers have hiked... + full article



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