1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Holly LaFon
Holly LaFon
Articles (6445) 

Columbia Management Comments on General Mills

January 23, 2013 | About:

We closed our position in General Mills (GIS) during the quarter. The diversified food products maker is a high-quality name, but management addressed the explosion in demand for the Greek yogurt too late in our view. (Yogurt is approximately 9% of sales at General Mills.) Additionally, rising input costs for cereal and increasing competition in the category have been squeezing net margins. With declining potential for stock gains, we elected to close the position.

From Columbia Wanger’s fourth quarter commentary.

Rating: 4.0/5 (3 votes)


Please leave your comment:

GuruFocus Mobile App

User Generated Screeners

infoFast growers
infoLow Shiller PE
infoLow EV/EBIT
FrancogueMy Screnner 2
DBrizan22Oct2016 quality2
DBrizan22Oct2016 quality
DBrizanquality 22Oct2016
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)