General Mills profit falls, raises outlook
General Mills Inc
Sales for the maker of Progresso soup, Cheerios cereal and Yoplait yogurt rose 4 percent to $3.54 billion, as consumers ate more at home to save money in the recession.
General Mills expects to earn $3.87 to $3.89 a share, excluding some items for the current fiscal year ending in May. It had previously expected to earn $3.83 to $3.87 a share, excluding one-time items for the year.
(Reporting by Aarthi Sivaraman; Editing by Derek Caney)
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