General Mills bets on pet-food division to sustain growth in Q3
General Mills bets on pet-food division to sustain growth in Q3
GM Shows in the third quarther an 8% increase in revenues to $4.19 billion.
General Mills’ overall performance could benefit from the recent improvement in its core business, which has witnessed softness throughout last year. The highlight, however, is the steady growth of the company’s pet food division. The recently-purchased Blue Buffalo has been a key growth driver, especially after the pet food brand was expanded to Walmart (WMT).
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