Send us Feedback

General Mills (GIS)
Analysis
SUMMARY
BULLS
BEARS
TOPICS
Data
DATA CENTRAL
STOCK CHART
Financials
SEC FILINGS
BALANCE
INCOME
CASH FLOW

GIS » Topics » Price changes for the commodities we depend on for raw materials, packaging, and energy may adversely affect our profitability.

These excerpts taken from the GIS 10-K filed Jul 11, 2008.
Price changes for the commodities we depend on for raw materials, packaging, and energy may adversely affect our profitability.
 
The principal raw materials that we use are commodities that experience price volatility caused by external conditions such as weather and product scarcity, limited sources of supply,

6

Table of Contents

commodity market fluctuations, currency fluctuations, and changes in governmental agricultural and energy programs. Commodity price changes may result in unexpected increases in raw material, packaging, and energy costs. If we are unable to increase productivity to offset these increased costs or increase our prices, we may experience reduced margins and profitability. We do not fully hedge against changes in commodity prices, and the hedging procedures that we do use may not always work as we intend.
 
Price
changes for the commodities we depend on for raw materials,
packaging, and energy may adversely affect our
profitability.


 



The principal raw materials that we use are commodities that
experience price volatility caused by external conditions such
as weather and product scarcity, limited sources of supply,















6





Table of Contents








commodity market fluctuations, currency fluctuations, and
changes in governmental agricultural and energy programs.
Commodity price changes may result in unexpected increases in
raw material, packaging, and energy costs. If we are unable to
increase productivity to offset these increased costs or
increase our prices, we may experience reduced margins and
profitability. We do not fully hedge against changes in
commodity prices, and the hedging procedures that we do use may
not always work as we intend.


 




EXCERPTS ON THIS PAGE:

10-K (2 sections)
Jul 11, 2008

RELATED TOPICS for GIS:

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki