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BRIEF-General Mills Inc expects E-Commerce sales to grow to 5 percent by fiscal year 2020
July 12, 2017 / 5:06 PM / a month ago

BRIEF-General Mills Inc expects E-Commerce sales to grow to 5 percent by fiscal year 2020

July 12 (Reuters) - General Mills Inc:

* Says E-Commerce represents about 1.5 percent of company's total sales in U.S. Currently

* Says expects E-Commerce sales to grow to 5 percent by fiscal year 2020

* Says ‍general Mills will moderate pace of expansion in fiscal 2018 as it invests to restore topline growth​

* Says company expects natural & organic business in North America portfolio to generate $1.5 billion in net sales by 2020 Source text for Eikon: Further company coverage:

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