Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

General Mills Falls After Profit Trails Estimates

General Mills Inc., the maker of Cheerios cereal and Pillsbury baking products, fell in New York trading after posting preliminary third-quarter profit that trailed analysts’ estimates.

The shares slid 2.4 percent to $49.77 at the close. Minneapolis-based General Mills has declined 0.3 percent this year, compared with a 0.4 percent drop for the Standard & Poor’s 500 Index.

Profit per share in the quarter ended Feb. 23 was 61 cents to 62 cents, the company said today in a statement. The average of 16 analysts’ estimates compiled by Bloomberg was 68 cents.

Sales volumes fell about 1 percent, hurt by foreign-currency exchange-rate fluctuations and food-industry trends in developed markets, the company said.

General Mills plans to report full third-quarter results March 19.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.