General Mills sees more gains from crisis-led demand – ZAWYA

  • Date: 02-Jul-2020
  • Source: Zawya
  • Sector:Economy
  • Country:UAE
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General Mills sees more gains from crisis-led demand – ZAWYA

General Mills sees more gains from crisis-led demand | ZAWYA MENA Edition HomeBusinessArticleGeneral Mills sees more gains from crisis-led demand America's largest supermarket chains have benefited    FILE PHOTO: General Mills cereals rest on a shelf inside of a grocery store in New York, U.S., March 20, 2017.General Mills Inc reported strong quarterly results on Wednesday and said it expected further boost to sales of its cereals and snacks for the rest of the year as people remain hunkered down in their homes due to coronavirus-related curbs.America's largest supermarket chains have benefited as consumers rushed to fill their pantries and refrigerators during the outbreak."Consumer concerns about COVID-19 virus transmission and the recession (will) drive elevated demand for food at home, relative to pre-pandemic levels," General Mills said.America's largest supermarket chains have benefited as consumers rushed to fill their pantries and refrigerators during the outbreak.General Mills Inc reported strong quarterly results on Wednesday and said it expected further boost to sales of its cereals and snacks for the rest of the year as people remain hunkered down in their homes due to coronavirus-related curbs."Consumer concerns about COVID-19 virus transmission and the recession (will) drive elevated demand for food at home, relative