General Mills (GIS) has been gaining from its Accelerate strategy and focus on key priorities. These bode well amid the rising cost inflation.
The food maker got hit after it reported earnings. The numbers weren't great, but it was the outlook that was probably the big concern.
B&G Foods' (BGS) second-quarter fiscal 2022 results reflect gains from high demand and pricing actions, whereas the escalated input cost inflation hurts earnings. The company lowers the adjusted EPS view.