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Stock Market & Financial Investment News

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March 19, 2014
09:00 EDTGISGeneral Mills sees Q4 input inflation well below year-ago levels
Sees "strong" earnings growth in Q4. Sees FY input cost inflation 3%. Says expects underlying gross margin expansion in Q4. Sees FY interest expense slightly below last year. Sees FY underlying tax rate roughly comparable to last year. Seeing positive results from inventory reduction efforts. Sees strong double digit growth in adjusted EPS for FY14. Sees FY operating cash flow meeting or exceeding last year's results. Comments made on the Q3 earnings conference call.
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