date:Mar 21, 2014
General Mills today reported results for the third quarter of fiscal 2014. Sales and operating profit for the 13 weeks ended Feb. 23, 2014, reflect lower volumes, consistent with generally weak food industry trends during this period; the impact of increased consumer marketing and merchandising investment in the company's U.S. yogurt business; and negative foreign currency effects.
Fiscal 2014 Third Quarter Financial Summary
Net sales of $4.38 billion were 1 percent below year ago levels.
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