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General Mills Earnings: What to Watch


Investors have modest expectations heading into General Mills' (NYSE: GIS) earnings report on March 24. While the breakfast and snack food specialist has seen surging demand throughout the pandemic, the impact is waning. And the stock's underperformance of the S&P 500 in the past year implies that Wall Street is betting on a quick return to near-flat annual sales growth.

But General Mills might sail past those low expectations with help from its bigger base of loyal customers and rising profitability. So let's look at how those attractive investment prospects might show up in the company's announcement for the third quarter of its fiscal 2021.

Image source: Getty Images.

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Source Fool.com

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