Financial News

General Mills Becomes Latest Company To Warn About Faltering Consumers

Shares of Cheerios maker General Mills plunged the most in a year after new annual guidance indicated price hikes on ready-to-eat cereals and meal kits would no longer offset slowing sales as consumers pull back on spending. General Mills expects fiscal year adjusted profit growth at the mid-single-digits percentage for the fiscal year 2023, which […] Source
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