Mar 31, 2021 at 11:02 AM CST
|
|
---|---|
General Mills expects its margins in the current quarter to end up below 2019 levels, despite "phenomenal volume leverage" and "the best pricing in years," a Goldman Sachs analyst pointed out on the call. "I am trying to wrap my head around it," the analyst said, asking what the offsets were. Third-party logistics was the first item to which Bruce pointed. |