General Mills Bets $1.45B on Pet Food: Growth or Risk?
GMGM(GM) MarketBeat·2024-11-18 21:02

Leading consumer staples company General Mills NYSE: GIS is known for its iconic brands, including Cheerios, Pillsbury, Betty Crocker, Haggen-Daz, and many more. The company has made a strategic move to strengthen its position in the growing pet food sector with the acquisition of Whitebridge Pet Brands for $1.45 billion. This bold move, combined with the company's strong earnings performance, makes General Mills an attractive investment opportunity for investors seeking exposure to the consumer staples sec ...