This Iconic Food Stock Had a Confusing, Noisy Quarter
The pandemic has upended normal life in many ways, notably including how, where, and what we eat. That's created havoc for investors trying to decipher company reports to understand what is actually going on in what has been a very complicated stretch of time for food product manufacturers like General Mills (NYSE: GIS). Here's a quick look at the company's fiscal 2022 first-half results. Let's see if some further analysis can help sort things out.
As we all know, in 2020, the world was faced with a global pandemic. Several countries closed vast swaths of their economies in the hope of slowing the spread of the coronavirus. People were asked to practice social distancing, gathering places like restaurants were temporarily shuttered, and working from home became the norm for workers in many industries.
Image source: Getty Images.
Source Fool.com