RadioBDC Logo
American Idiot | Green Day Listen Live
THIS STORY HAS BEEN FORMATTED FOR EASY PRINTING
MARKET MOVERS CHARTS ARE SCALED SO PERCENTAGE CHANGE IS COMPARABLE

General Mills gains, despite lower profit

Minneapolis-based General Mills makes a wide variety of products, including Cheerios cereal and Haagen-Dazs ice cream. Minneapolis-based General Mills makes a wide variety of products, including Cheerios cereal and Haagen-Dazs ice cream. (Stephen Hilger/Bloomberg News/File 2007)
September 22, 2011

E-mail this article

Invalid E-mail address
Invalid E-mail address

Sending your article

Your article has been sent.

Text size +

General Mills Inc.’s quarterly net income fell 14 percent to $405.6 million, or 61 cents per share. One the biggest US food companies, it’s continuing to deal with high costs for ingredients and energy. Still, the adjusted results beat Wall Street expectations and revenue climbed 9 percent to $3.85 billion because of higher prices, solid consumer demand, and new products. The stock rose on that news.