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Changing Consumer Trends Boost General Mills' Sales
SUGAR LAND--December 19, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--General Mills Incorporated (NYSE:GIS) (Minneapolis, Minnesota), the manufacturer of such popular food brands as Cheerios and Lucky Charms cereals, Yoplait yogurt, Pillsbury products, and Progresso soups, released its earnings report for second-quarter 2009. Despite a year-over-year decline in quarterly net earnings of 3% to $378 million, the company's net sales were $4.01 billion, an 8% increase from 2Q08.
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Industry Segment: Food & Beverage
Word Count: 462 Words
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