General Mills cereal sales drop as demand for pricey brand names

Consumers are purchasing less expensive alternatives, earnings report says.
The maker of Cheerios, Lucky Charms, Wheaties and more say sales are down this quarter due to “stronger than anticipated value-seeking behaviors.”

General Mills' Sales Fall Short of Forecasts Despite Higher Prices

Kimeko M. on X: General Mills cereal sales drop as demand for pricey brand names diminishes. Is it stronger-than-anticipated value-seeking behaviors or are people looking for reasonable prices for cereal in an era where the cost of living is astronomical

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General Mills cereal sales drop as demand for pricey brand names

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