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March 14, 2014
06:59 EDTGISGeneral Mills sees Q3 adjusted EPS 61c-62c, consensus 68c
General Mills said its sales and operating profit for Q3 ended February 23, will reflect approximately 1% lower volume, consistent with recent food industry trends in developed markets, as well as negative foreign currency translation effects. In addition, results for the quarter include incremental consumer marketing and merchandising investment in the company's U.S. yogurt business, where response to-date has been encouraging. Third-quarter operating profit for the company's U.S. Retail segment is expected to be 10%-11% below strong year-ago results that grew 13%. Total segment operating profit is also expected to be below last year's strong third-quarter level.
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July 15, 2014
08:51 EDTGISGeneral Mills inaugurates facility in China
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08:50 EDTGISGeneral Mills expects double-digit net sales growth from Greater China this year
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