Consumers are seeking more value: General Mills President

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There's growing concern about how inflation and high interest rates are impacting consumers' wallets. General Mills North America Retail (GIS) President Jon ...

) President Jon Nudi joins Yahoo Finance Live to discuss consumer trends and how General Mills is rising to the challenge. Nudi says that during the pandemic, “when consumers were at home more, that was good for our businesses.” Nudi states that various “moving pieces” are impacting sales for various food and beverage companies. With inflation still a concern, Nudi notes that many consumers are exhibiting “value seeking behavior” to get more at a lower cost.

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