date:Sep 21, 2012
Foods - during the final quarter of 2012.
General Mills chairman and chief executive officer Ken Powell said that with this start, the company is on track to achieve its fiscal 2013 targets.
Results for the first quarter were broadly consistent with our plans, and included sequential improvement in our volume and gross margin trends from the fourth quarter of 2012, Powell added.
In the US retail segment, the company's largest revenue contributor, sales declined 0.7% to $2.49bn, while operatin