General Mills Exec Says Do Not Expect Inflation To Be "So High" In The Next Financial Year
Portfolio Pulse from Benzinga Newsdesk
General Mills executive announced at the Bernstein Conference that they do not expect inflation to be as high in the next financial year.
May 29, 2024 | 2:11 pm
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General Mills executive announced at the Bernstein Conference that they do not expect inflation to be as high in the next financial year.
The announcement suggests that General Mills anticipates a more stable cost environment, which could positively impact their profit margins and revenue. This is likely to be viewed favorably by investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100