General Mills’ Unhealthy Returns

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4.7 • 1.7K Ratings

🗓️ 26 June 2019

⏱️ 15 minutes

🔗️ Recording | iTunes | RSS

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Summary

General Mills slips on weakness in its snacks business. FedEx warns that trade disputes and an economic slowdown have created “significant uncertainty” for FedEx Express. And Netflix announces that The Office is leaving in 2021. Motley Fool analyst Ron Gross digs into those stories and weighs in on underrated and overrated cereals.

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Transcript

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0:00.0	This episode of Market Foolery is supported by NetSuite, the business
0:03.3	management software that handles every aspect of your business in an easy-to-use
0:07.3	cloud platform. Download their free guide, seven key strategies to grow your
0:11.7	profits today at net suite
0:13.9	com slash fool.
0:15.7	It's Wednesday June 26 welcome to market foolery.
0:20.5	I'm Matt Greer and joining me is Motley Full, analyst Ron Gross. Ron, it is just you and me.
0:25.9	In a word, how would you describe how you're feeling right now?
0:30.7	So excited, I could barely contain myself.
0:33.0	Okay.
0:34.0	I always happen to be here with Dumac.
0:35.0	Well, good.
0:36.0	Well, I'm excited too.
0:37.0	Later, we're going to talk some Netflix.
0:39.0	They are losing the office.
0:41.0	Have you heard of the office?
0:42.0	I've heard of it.
0:43.0	Oh boy, my kids love them some office.
0:46.5	As do mine and effective 2021, the office will no longer be on Netflix.
0:51.9	We'll talk about that. We're also going to talk about some FedEx.
0:54.8	But let's begin with a rough day for General Mills.
0:58.7	Shares down around 5% at the time of our taping on earnings.
	...

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