date:Mar 20, 2014
Inc , which sells Yoplait yogurt and Haagen-Dazs ice cream, earlier on Wednesday said that its Yoplait business was the main driver behind an 11 percent decline in its U.S. retail segment operating profit in the latest quarter.
Roughly two-thirds of that profit decline was due to dairy inflation and higher merchandising and marketing investments in its domestic yogurt business, Don Mulligan, General Mills' chief financial officer, said.
We've been assuming that it will top off for the last few