GIS - General Mills FY Earnings: A Good Investment (But Not For Everyone)

2024-06-23 16:40:19 ET

Summary

• General Mills has been around for more than 150 years and it about to report FY2024 results.
• General Mills has coped through many difficult environments and seems to be gaining once again strength as it exits a tough 2023.
• One of the most interesting aspects of the company is its predictability, making forecasts easier to do and offering investors a rather clear outlook about its long-term path.
• In this article, I share my view on the company and explain why, based on its fundamentals, I think it is a good investment for certain cohorts of investors.

Investing In General Mills

General Mills ( GIS ) shares are usually found in income-seeking investors. After all, 124 years of uninterrupted dividends combined with a 9% CAGR in shareholder returns over the past three decades are two outstanding achievements that won't go unnoticed by several cohorts of investors. ...

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