The breakfast staple’s presence in US pantries has diminished, leaving the wheat to be sorted from the chaff
United Natural's (UNFI) Q4 performance will likely reflect gains from new businesses and e-commerce strength. However, a challenging operating landscape due to inflation and supply-chain issues is a concern.
Cereal sales have gone soggy as indicated by the sales volumes of companies like General Mills (GIS) and the Kellogg Company (K) in the past two years. Yahoo Finance Reporters Josh Schafer, Alexandra Canal, and Pras Subramanian analyze why American consumers may be choosing not to start the day with a bowl of classic breakfast brands.