Business
Thursday, 7/2, 12:50 AM
General Mills Bets on Protein to Win Back Cautious Shoppers
- The maker of Cheerios is leaning on protein-enriched cereals — and protein-forward pet food — to rekindle growth after a year in which sales slipped and the company took more than $1.8 billion in write-downs.
- Investors, focused on an easing quarter and a new cost-cutting plan, sent the stock higher.