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Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

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General Mills, Inc. (GIS): Among the Best Food Stocks to Buy According to Billionaires

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey
Summary
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80% Informative

Global food and beverage industry was estimated to be worth $6.96 trillion in 2024 and is projected to grow to $7.4 trillion by 2025 .

Growing desire for more sustainable and healthful food options has a significant impact on the food sector today .

Food industry’s long-term prospects are still bright despite inflationary pressures.

General Mills, Inc. ( NYSE : GIS ) reported mixed results for Q3 of the fiscal year 2025 , with net sales declining 5% year-over-year to $4.8 billion .

This decline was mainly due to retailer inventory reductions and unfavorable foreign exchange rates.

Overall, GIS ranks 8th on our list of best food stocks to buy according to billionaires.