General Mills Takes Another Hit, and It's Not Just Cereal That's to Blame

General Mills Takes Another Hit, and It's Not Just Cereal That's to Blame

In this segment from the Motley Fool Money radio show, host Chris Hill, Million Dollar Portfolio's Jason Moser, Total Income's Ron Gross, and Motley Fool Pro and Options' Jeff Fischer discuss the difficulties facing packaged-food companies in general, and General Mills (NYSE: GIS) specifically. You probably already knew that cereal sales were flagging, as millennials don't eat as much of it, but the company's yogurt sales fell a remarkable 22%. And in the grocery business, declines tend to feed into further declines.

A full transcript follows the video.

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Source: Fool.com