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Debt, Weak Base Business Could Affect General Mills in Fiscal Q1

Adrian Stevens
Debt, Weak Base Business Could Affect General Mills in Fiscal Q1

General Mills (GIS) is expected to announce its results for the fiscal first quarter of 2019 on Tuesday, September 18. Analysts expect the company’s top line to gain significantly from its recent acquisition of Blue Buffalo. However, continued weakness in its underlying business remains a concern. Analysts expect General Mills’ organic sales growth to remain low as benefits from higher pricing are expected to be offset by soft volumes.