Food products names in the red following General Mills results


A check of other branded food products companies following the sizable FQ4 miss from General Mills along with a sluggish FQ1 outlook, finds the group as a whole lower. Kellogg (K -1.4%), Post Holdings (POST +0.1%), Pinnacle Foods (PF -0.9%), and Mondelez (MDLZ -0.2%). General Mills is off 2.7%.

Previously: General Mills misses by $0.05, misses on revenue

Previously: General Mills starts new cost-cutting plans as sales slip, shares -3%

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Comments (1)
  • 50 cent it is
    , contributor
    Comments (1453) | Send Message
     
    The world is changing
    Gone are the days when cereal volumes grew 3-5 percent annually and price increases came with the territory.
    I question if general mills is capable of competing in the new world.
    They behave as though they are in denial
    25 Jun 2014, 10:05 PM Reply Like
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