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General Mills Inc (GIS)

GIS on New York Consolidated

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22 Sep 2017
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Wed, Sep 20 2017

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General Mills profit misses as U.S. yogurt sales sour

General Mills Inc reported a smaller-than-expected quarterly profit as yogurt and cereal sales declined in North America, sending the company's shares down 9 percent to their lowest levels in nearly two years.

UPDATE 2-General Mills profit misses as U.S. yogurt sales sour

Sept 20 General Mills Inc reported a smaller-than-expected quarterly profit as yogurt and cereal sales declined in North America, sending the company's shares down 9 percent to their lowest levels in nearly two years.

BRIEF-General Mills CFO says we expect sales results to strengthen

* CFO- we expect sales results to strengthen & 1st quarter margin headwinds to lessen in remainder of the year, driving growth on profit EPS in the 2nd half Source text for Eikon: Further company coverage:

BRIEF-General Mills reports Q1 adjusted non-GAAP EPS of $0.71

* Q1 earnings per share view $0.76 -- Thomson Reuters I/B/E/S

General Mills sales drop on weak demand for Yoplait yogurts

Sept 20 Cheerios cereal maker General Mills Inc reported a 3.5 percent fall in quarterly sales, hurt by weak demand for its Yoplait Greek and Yoplait Light yogurts in North America.

BRIEF-General Mills reaffirms guidance for fiscal 2018

* FY 2018 earnings per share view $3.11, revenue view $15.33 billion -- Thomson Reuters I/B/E/S Source text for Eikon: Further company coverage:

Target appoints Walmart, General Mills executives to shore up grocery business

CHICAGO Target Corp said on Monday it has hired two former executives from Wal-Mart Inc and General Mills Inc to join its food and beverage business, as the retailer seeks to revamp its grocery aisles.

Target appoints Walmart, General Mills execs to shore up grocery business

CHICAGO, Aug 14 Target Corp said on Monday it has hired two former executives from Wal-Mart Inc and General Mills Inc to join its food and beverage business, as the retailer seeks to revamp its grocery aisles.

BRIEF-General Mills says Kendall Powell‍​'s FY 2017 total compensation was $9.2 mln

* Says Kendall J. Powell‍​'s FY 2017 total compensation was $9.2 million versus about $11 million in FY 2016 - SEC filing

BRIEF-General Mills Inc expects E-Commerce sales to grow to 5 percent by fiscal year 2020

* Says E-Commerce represents about 1.5 percent of company's total sales in U.S. Currently

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