General Mills, Inc.

NYSE:GIS   3:59:59 PM EDT
68.33
+0.53 (+0.78%)
Other Pre-Announcement

General Mills Exec Says Co Sees About An Eight To Tenfold Rise In Amount Of Supply Chain Disruptions

Published: 12/21/2021 17:09 GMT
General Mills, Inc. (GIS) - General Mills Inc Exec - We See About an Eight to Tenfold Increase in the Amount of Disruptions in Our Supply Chain - Conf.
Call.
General Mills Exec - While We Don't Expect Supply Disruptions to Improve Meaningfully in the Back Half of the Year, We Do Expect Margins to Improve Year-over-year.
General Mills Exec - Expect to See Sequential Improvement in Gross Margins Moving From Q3 to Q4.
General Mills Exec - Due to Supply Chain Issues During Q2, We Couldn't Ship All the Demand That We Saw.
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