Higher costs weigh on General Mills earnings
date:Jun 28, 2012
earnings growth with reinvestment designed to support our longer term progress. These initiatives include increased marketing and merchandising investments in U.S. yogurt and select other product lines; investment to support the Canadian Yoplait yogurt business being assumed from the current licensee on Sept. 1, 2012; and investments designed to accelerate our business growth in emerging markets, particularly China.
The company anticipates adjusted diluted earnings per share for fiscal 2013 to
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