After enduring a long restructuring plan intended to revive its stalled cereal and food sales, General Mills is finally seeing good signs. Sales are up 6 percent so far in fiscal 2007. It has maintained low prices even in the face of rising energy and commodity costs.
The company faces tough competition on the cereal shelf, and in the United States, it ranks No. 2 behind Kellogg. Internationally, however, the company leads in nearly every country where it tracks data.
Source: Baseline, as of June 11, 2007.
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