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General Mills fiscal 4th Qtr profit rises
June 27 |
June 27 (Reuters) - General Mills Inc reported a higher quarterly profit on Wednesday, helped by its recent Yoplait acquisition.
The maker of Progresso soups and Cheerios cereal said net income was $325.4 million, or 49 cents per share, in its fiscal fourth quarter, up from $320.2 million, or 48 cents per share, a year earlier.
Net sales rose 12 percent to $4.07 billion.
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