General Mills reports results for ’20 Q3; Net sales worth $4.2 billion
date:Mar 26, 2020
xecuted in fiscal 2019.

Organic net sales essentially matched year-ago results, with growth in Latin America offset by declines in Asia.

The third-quarter segment net sales growth included a five-point headwind from lower Hagen-Dazs ice cream net sales in Asia in February, driven by the impact of the COVID-19 virus outbreak on consumer traffic in Hagen-Dazs shops and foodservice outlets.
The segment operating profit of $8 million was down $11 million in the quarter, driven by higher SGA expens
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