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Mangeet Kaur Bouns

Pick Up This Sturdy Consumer Staple Stock in Times of Trouble

GIS Recession Mangeet Kaur BounsMangeet Economy General Mills, Inc. Inflation

With a $45.64 billion market cap., General Mills, Inc. (GIS) manufactures and markets branded consumer foods worldwide. The company operates through five segments: North America Retail; Convenience Stores & Foodservice; Europe & Australia; Asia & Latin America; and Pet.

Recently, GIS completed the acquisition of TNT Crust, a manufacturer of high-quality frozen pizza crusts for pizza chains, foodservice distributors, and retail outlets, which is expected to boost the company’s growth and profitability.

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