General Mills (GIS) stock pops on raised guidance
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General Mills lifts sales, profit forecasts on price hikes, steady demand
February 21, 2023 7:23 AM EST(Reuters) -General Mills Inc raised its annual organic sales and profit forecasts on Tuesday, betting on price hikes and strong demand for its snack bars and breakfast cereals as well as a recovery in its high-margin pet food business.
Shares rose about 4% as Chief Executive Jeffrey Harmening said at the Consumer Analyst... More
