General Mills Exec Says Promotional Levels Are Now About What They Were Before The Pandemic
Portfolio Pulse from Benzinga Newsdesk
General Mills executive announced that promotional levels have returned to pre-pandemic levels, as stated during the Bernstein Conference.
May 29, 2024 | 2:24 pm
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POSITIVE IMPACT
General Mills announced that their promotional levels have returned to pre-pandemic levels, which could indicate a normalization of their marketing strategies and potentially stabilize their revenue streams.
The return to pre-pandemic promotional levels suggests that General Mills is stabilizing its marketing strategies, which could lead to more predictable revenue streams. This is a positive indicator for investors as it shows a return to normalcy and potential revenue stability.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100