General Mills had a decent quarter and performed above expectations in a dynamic and challenging environment. The company managed to exceed Wall Street expectations despite the inflationary woes. The company's organic net sales were up by 2% in comparison to last year at a time when most packaged food companies are witnessing a dip in revenues on account of the Covid-induced tailwinds. In the case of General Mills, it has a strong away-from-home food business which has seen a robust recovery in ....
05 Oct 2021
General Mills, Inc. - Investment Thesis, Key Drivers, Financial & Price Forecasts, DCF Valuation 10/21
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General Mills, Inc. - Investment Thesis, Key Drivers, Financial & Price Forecasts, DCF Valuation 10/21
- Published:
05 Oct 2021 -
Author:
Ishan Majumdar -
Pages:
14 -
General Mills had a decent quarter and performed above expectations in a dynamic and challenging environment. The company managed to exceed Wall Street expectations despite the inflationary woes. The company's organic net sales were up by 2% in comparison to last year at a time when most packaged food companies are witnessing a dip in revenues on account of the Covid-induced tailwinds. In the case of General Mills, it has a strong away-from-home food business which has seen a robust recovery in ....