General Mills' (NYSE: GIS) stock price dipped 5% on Dec. 20 after it posted its latest earnings report. Like many other blue-chip consumer staples stalwarts, General Mills outperformed the market because it was considered a safe haven play against inflation, rising interest rates, and other macroeconomic headwinds. In fiscal 2020, which ended in May of the calendar year, General Mills' organic sales and constant-currency-adjusted EPS increased 4% and 12%, respectively, as the pandemic drove more shoppers to stock up on packaged foods.