General Mills profit beats estimates on the rising volume
date:Mar 21, 2013
analysts on average were expecting 57 cents, according to Thomson Reuters I/B/E/S.

Net sales rose 7.5 percent to $4.43 billion.

Excluding the acquisitions, net sales grew 2 percent, with 1 percentage point coming from higher sales volume.

CURRENT QUARTER PRESSURED

General Mills lifted its full-year outlook by only a penny per share due to higher costs in the current fourth quarter related to a comparatively higher tax rate and commodity costs. The company said fourth quarter earnings would b
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