{"id":63704,"date":"2023-09-20T20:34:14","date_gmt":"2023-09-21T00:34:14","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/general-mills-fails-to-hold-stock-gains-as-earnings-beat-by-a-narrow-margin-as-consumers-remain-cautious\/"},"modified":"2023-09-20T20:34:18","modified_gmt":"2023-09-21T00:34:18","slug":"general-mills-fails-to-hold-stock-gains-as-earnings-beat-by-a-narrow-margin-as-consumers-remain-cautious","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=63704","title":{"rendered":"General Mills fails to hold stock gains as earnings beat by a narrow margin as consumers remain cautious"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0002524337\">\n<div class=\"snippet__body\">\n<p>Shares of General Mills Inc. GIS surrendered early gains Wednesday, after the consumer-foods company posted slightly better-than-expected fiscal first-quarter earnings, but said the consumer is still wary in an uncertain economic climate.<\/p>\n<p>\u201cWe delivered growth on the top and bottom lines in the first quarter amid an evolving external environment characterized by moderating inflation, stabilizing supply chains, and a resilient but increasingly cautious consumer,\u201d Chief Executive Jeff Harmening said in a statement. <\/p>\n<p>The&#8230;\n      <\/p>\n<\/p><\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/story\/general-mills-stock-gains-after-profit-and-sales-top-expectations-as-inflation-moderates-and-supply-chains-stabilize-c2b6d7ca?mod=investing\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of General Mills Inc. GIS surrendered early gains Wednesday, after the consumer-foods company posted slightly better-than-expected fiscal first-quarter earnings, but said the consumer is still wary in an uncertain economic climate. \u201cWe delivered growth on the top and bottom lines in the first quarter amid an evolving external environment characterized by moderating inflation, stabilizing [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":63705,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-63704","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-investing","tag-featured","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>General Mills fails to hold stock gains as earnings beat by a narrow margin as consumers remain cautious | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Shares of General Mills Inc. 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