|Day's Range||51.35 - 51.35|
|52 Week Range||50.29 - 59.48|
|PE Ratio (TTM)||N/A|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
A comparison between two of the biggest packaged food makers reveals a clear winner.
Food and drink megabrands are seeing their sales chewed away by smaller, nimbler, cooler rivals. Nine of the world's biggest industry players, including Danone, General Mills, Campbell Soup and Kellogg, have launched venture capital units over the past 18 months, a Reuters analysis of the sector shows. Food and drink multinationals spend far less on R&D than their counterparts in many sectors like tech and healthcare.
How rough is General Mills' Yoplait business right now? Restoring the Yoplait business will be one of the key missions of new General Mills CEO Jeffrey Harmening. Making things even more complicated is the fact that, as rough as the Yoplait business is, General Mills really does have bigger things to worry about.