General Mills Affirms Its Outlook as Demand Rises for Food Prepared at Home
General Mills (NYSE: GIS) is seeing positive business impacts from the COVID-19 outbreak. On Wednesday the snack food giant announced earnings results for the fiscal third quarter, which only ran through late February.
However, the company has noticed a significant demand spike in the subsequent weeks -- enough to give executives confidence to affirm their sales outlook while boosting General Mills' earnings targets.
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Source Fool.com
