At 21 times forward earnings, it looks a bit pricier than comparable companies like Kraft Heinz (NASDAQ: KHC) and Conagra (NYSE: CAG), which both trade at about 15 times forward earnings. 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.