General Mills: Volume Weakness Will Affect Q3/2012 Results

Minneapolis / MN. (gm) General Mills Inc. said that weak volume performance across U.S. retail food categories in December and January will affect the company´s results for the quarter ending February 26, 2012. General Mills currently estimates that 2012 third-quarter adjusted diluted EPS will total 0,54 USD to 0,56 USD. In last year´s third quarter, adjusted diluted EPS was 0,56 USD. The company will report fiscal 2012 third-quarter results on Wednesday, March 21, 2012. General Mills revised its fiscal 2012 adjusted diluted EPS guidance to 2,53 USD to 2,55 USD. The company´s guidance had been 2,59 USD to 2,61 USD. Adjusted diluted EPS excludes the effects of mark-to-market valuation of certain commodity positions and integration costs for the Yoplait international acquisition completed July 01, 2011.