General Mills delivered a mixed result for the previous quarter, failing to meet market expectations on the revenue front but delivering an earnings beat. The company’s stock has been on an upward trajectory. The HMM cost savings, along with gains from pricing mix, offset inflation, deleverage, and the other types of operating costs benefitted General Mills’ bottom-line and helped deliver an earnings beat. The level of volume and the impact of the elasticity, lower than the management anticipate ....
