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General Mills considers spin-off of Häagen-Dazs business outside North America

The Wall Street Journal +1 · ·by G4L

GIS
GIS General Mills Inc
$34.21 -1.13%
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  1. 1General Mills is considering a spin-off of its Häagen-Dazs ice cream business outside of North America.
  2. 2General Mills recorded net sales of $4.39 billion in the first quarter of fiscal year 2027.
  3. 3General Mills saw a 63% decrease in operating profit in the first quarter of fiscal year 2027.

So what's the key point?

General Mills is considering separating its Häagen-Dazs ice cream business outside of North America. The company appears to be changing its business structure as operating profit decreased by 63 percent.

Source The Wall Street Journal +1 · View original ↗

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