General Mills, Inc. (GIS) Presents at dbAccess Global Consumer Conference Transcript

Core Insights - General Mills is facing significant challenges in the current consumer environment, with consumer sentiment at a low point, comparable to the period immediately following the pandemic in 2020 [5][6]. Company Overview - The company is heavily reliant on the U.S. market, with 85% of its business operations based there [6]. - Consumer financial stress is evident, as U.S. consumer debt has increased, indicating that while consumers are still making purchases, they are financially stretched [6]. Industry Context - The overall consumer sentiment in the U.S. is reported to be the second lowest in history, as per the University of Michigan's polling data [6].