Good News! General Mills Expects 18% Sales Growth

This is totally awesome good news!

At an investor conference on Tuesday, General Mills Inc. said it expects its revenue to grow to $18 billion in fiscal 2015, up roughly 18 percent from its forecasted $14.7 billion in sales this year.

Wait. By 2015?
Let me get this right. They expect 18% sales growth over the next five years?
Annualized that’s 3.4%. A five-year Treasury currently yields 2.34%.

Posted by on February 16th, 2010 at 12:37 pm


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