General Mills Facing Major Financial Struggle
The popular Buffalo company's latest financial report isn't smelling all that great!
According to a report from Metro Source News:
Shares in the company tumbled seven-percent Wednesday, making it the worst performing stock in the S&P 500. The weak quarter was largely because of a two-percent drop in sales for brands including Chex, Fruit Snacks, Fiber One and Nature Valley. The drop came despite soaring demand for the company's Blue Buffalo pet food.
Dog and cat food sales are doing very well for General Mills!
We did a mini survey here in the studio. Chex Mix is one of our favorite snacks. With the mini bread stick being the best of the mix!