General Mills Prices Have Gone Up—and So Too Have Its Profits

Raising prices can be a tricky gamble, particularly when your consumer products exist within a crowded market. But General Mills, which raised prices in order to offset threats such as dairy industry inflation, said on an earnings call Wednesday that while the volume of its sales are down, its total profits are up 8% since 2018, according to CNN.

Chief executive Jeff Harmening began leading General Mills in 2017, at which point he said his recipe for success would be to focus on a long-range...

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