GIS - General Mills: Pricing Power And Low Valuation Make The Stock Attractive
2024-02-09 08:28:51 ET
Summary
- General Mills operates through four segments: North America Retail, International, Pet, and North America Food Services.
- The selling is overdone in the name, and current valuation levels offer an attractive risk/reward for investors.
- Despite a revised lower revenue outlook, General Mills is expected to improve profitability through cost savings and maintain pricing power.
Business Overview
General Mills (GIS) is a century and a half old consumer packaged foods giant with over 100 brands. The company operates through four operating segments: North America Retail, International, Pet, and North America Food Services....
General Mills: Pricing Power And Low Valuation Make The Stock Attractive