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Bank of America analyst Bryan Spillane questions $GIS on what the sustainable sales growth would be when consumer spending might come down. CFO Donal Mulligan says that advertising spend in aggregate will be down a little bit. $GIS focused on its ad spend and will actually grow on the areas where there is highest returns and possibility of growth.
You are such a letdown $FII. I regret not selling you when you were nearing $33. Now I am stuck with you, you are stuck with me!
Can you imagine a food store with no cash registers? Well, it is coming true soon thanks to $AMZN. The company is opening its new grocery store in Seattle and it has no cash registers. AI takes over!