General Mills Is Gaining Market Share

CEO discusses company's results in CNBC interview

Oct 07, 2020

General Mills Inc. (GIS, Financial) CEO Jeff Harmening appeared on CNBC last week to discuss the company's quarterly results and the effects of Covid-19 on its business.

During the interview, Harmening said the company has been gaining market share and seeing growth from consumers as people are staying home. He does not believe this trend will change anytime soon.

He also talked about how all of the company's plants are opening up. Harmening anticipates that General Mills will see high single-digit sales growth over the next few quarters and will see repeat consumer purchases among its top 10 brands.

Interview:

General Mills CEO talks about the surge in demand as people continue to stay at home from CNBC.

Disclosure: No position.

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