date:Mar 21, 2013
ogurt has been pressured by the strength of Greek yogurts like the one made by Chobani Inc, while its cereal business has faced increased competition from other breakfast choices.
Sales for both segments declined in the third quarter, but General Mills said trends were getting better.
For fiscal 2014, the company expects high single-digit earnings growth, which it said was in line with its long-term model.
General Mills shares rose $1.36 to $47.78 on the New York Stock Exchange.
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