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2012 Financial news releases

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12/19/12General Mills Reports Fiscal 2013 Second Quarter Results
Company Updates Full-year Outlook MINNEAPOLIS--(BUSINESS WIRE)--Dec. 19, 2012-- General Mills (NYSE: GIS) today reported results for the second quarter of fiscal 2013. Contributions from new businesses primarily reflect the first three months of consolidated operating results for the Yoki Alimentos business in Brazil and Yoplait Canada. Fiscal 2013 Second Quarter Financial Summary Net sales grew 6 percent to $... 
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12/11/12General Mills Board of Directors Declares Quarterly Dividend
General Mills to Webcast Earnings Conference Call MINNEAPOLIS--(BUSINESS WIRE)--Dec. 11, 2012-- The General Mills Board of Directors today declared a quarterly dividend at the prevailing rate of $.33 per share, payable Feb. 1, 2013, to shareholders of record Jan. 10, 2013. The current annualized dividend rate of $1.32 per share is an 8 percent increase over dividends of $1.22 per share paid in fiscal 2012. General Mills (NYSE:GIS) and its ... 
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11/14/12General Mills Reaffirms Fiscal 2013 Earnings Guidance
MINNEAPOLIS--(BUSINESS WIRE)--Nov. 14, 2012-- In remarks today at the Morgan Stanley Global Consumer and Retail Conference in New York, General Mills (NYSE: GIS) said it was on track to achieve its key financial targets for the fiscal year ending May 2013. The company reaffirmed guidance for 2013 adjusted diluted earnings per share of approximately $2.65. General Mills’ complete presentation can be accessed on the company’s website: ww... 
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11/07/12General Mills Will Webcast November 14 Presentation at the Morgan Stanley Global Consumer & Retail Conference
MINNEAPOLIS--(BUSINESS WIRE)--Nov. 7, 2012-- General Mills, Inc. (NYSE: GIS) will webcast its presentation at the Morgan Stanley Global Consumer & Retail Conference on Wednesday, November 14, 2012, at 8:35 a.m. Eastern Standard Time. Interested investors can access this webcast by logging on to www.generalmills.com. The webcast will be available through November 28, 2012. Source: General Mills, Inc. General Mills, Inc. (Analysts) Kris We... 
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09/24/12General Mills Quarterly Dividend Declared Company Holds 84th Annual Shareholders Meeting
MINNEAPOLIS--(BUSINESS WIRE)--Sep. 24, 2012-- The General Mills Board of Directors today declared a quarterly dividend at the prevailing rate of $0.33 per share, payable Nov. 1, 2012, to shareholders of record Oct. 10, 2012. General Mills (NYSE: GIS) and its predecessor firm have now paid dividends without reduction or interruption for 114 years. In actions at General Mills’ 84th annual meeting held today in Minneapolis, shareholders e... 
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09/19/12General Mills Reports Fiscal 2013 First Quarter Results
Company Reaffirms Full-year Outlook MINNEAPOLIS--(BUSINESS WIRE)--Sep. 19, 2012-- General Mills (NYSE: GIS) today reported results for the first quarter of fiscal 2013. The period includes two months of incremental contribution from the Yoplait International acquisition completed in July 2011, and three months of results for the Food Should Taste Good, Yoplait Ireland and Parampara Foods businesses acquired during the final quarter of ... 
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09/05/12General Mills Reaffirms Fiscal 2013 Earnings Guidance; Announces Two Upcoming Webcast Events
MINNEAPOLIS--(BUSINESS WIRE)--Sep. 5, 2012-- In conjunction with its presentation at the Barclays Capital Back-to-School Consumer Conference in Boston tomorrow (Sept. 6), General Mills (NYSE: GIS) reaffirmed its sales and earnings targets for the fiscal year ending May 2013. This includes targeted fiscal 2013 adjusted diluted earnings per share of approximately $2.65. General Mills also said it sees first-quarter results (to be reported on September ... 
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08/01/12General Mills Completes Yoki Acquisition
MINNEAPOLIS--(BUSINESS WIRE)--Aug. 1, 2012-- General Mills announced today the completion of its acquisition of Yoki Alimentos SA. “Today marks a new beginning for General Mills in Brazil,” said Sean Walker, General Mills senior vice president and president of its Latin America region. “Yoki has fantastic brands that have nourished Brazilian families for decades. We are honored that the family owners of Yoki are entrusting us with this... 
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06/27/12General Mills Reports Fiscal 2012 Results
Year Included Base Business Growth, Strong New Product Sales, Strategic Acquisitions; Company Targets Balanced Growth in Fiscal 2013 MINNEAPOLIS--(BUSINESS WIRE)--Jun. 27, 2012-- General Mills (NYSE: GIS) today reported results for the fourth quarter and full fiscal year ended May 27, 2012. Fiscal 2012 Results Summary Net sales grew 12 percent to $16.7 billion. The international Yoplait acquis... 
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06/26/12General Mills Announces 8 Percent Dividend Increase
New Annualized Rate of $1.32 per Share Represents a 3.4 Percent Yield Extending a 113-year Record of Dividends Paid Without Interruption or Reduction MINNEAPOLIS--(BUSINESS WIRE)--Jun. 26, 2012-- General Mills (NYSE: GIS) said today that its board of directors has approved an 8 percent dividend increase for General Mills common stock. The new quarterly dividend of $0.33 per share is payable Aug. 1, 2012, to shareholders of record July ... 
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06/20/12General Mills Will Webcast Two Upcoming Investor Briefings
MINNEAPOLIS--(BUSINESS WIRE)--Jun. 20, 2012-- General Mills (NYSE: GIS) plans to report results for its fiscal 2012 fourth quarter and full year on Wednesday, June 27, 2012. A webcast discussion of those results with investors will be held that day, beginning at 8:00 a.m. Central time (9:00 a.m. Eastern time). General Mills also plans to hold an investor briefing on its plans for continuing growth in fiscal 2013. This two-hour webcast can be ... 
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05/24/12General Mills Announces Definitive Agreement to Acquire Brazilian Food Maker Yoki
MINNEAPOLIS--(BUSINESS WIRE)--May. 24, 2012-- General Mills (NYSE: GIS) said today that it has signed a definitive agreement to acquire Yoki Alimentos S.A., a privately-held food company headquartered in Sao Bernardo do Campo, Brazil. General Mills currently expects the transaction to close during the first half of its 2013 fiscal year, which begins on May 28, 2012, after satisfaction of customary closing conditions. Yoki is a family-o... 
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05/22/12General Mills Announces Actions to Support Future Growth Strategies
MINNEAPOLIS--(BUSINESS WIRE)--May. 22, 2012-- General Mills (NYSE: GIS) today announced a productivity and cost savings plan designed to improve organizational effectiveness and focus on key growth strategies. The plan includes organizational changes that strengthen business alignment, and actions to accelerate administrative efficiencies across the company. In connection with this initiative, the company expects to eliminate approximately 850 positi... 
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05/15/12General Mills Reaffirms Fiscal 2012 Guidance
MINNEAPOLIS--(BUSINESS WIRE)--May. 15, 2012-- In conjunction with remarks today at the Barclays Americas Select Conference in London, England, General Mills (NYSE: GIS) reaffirmed its sales and earnings targets for the current fiscal year ending May 27, 2012. The company reiterated fiscal 2012 earnings per share guidance of $2.53 to $2.55 excluding mark-to-market effects and integration costs related to the acquisition of a controlling interest in Yo... 
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05/10/12General Mills to Market Yoplait Yogurt in Canada
MINNEAPOLIS--(BUSINESS WIRE)--May. 10, 2012-- General Mills (NYSE: GIS) confirmed today that Yoplait S.A.S. has reached an agreement to terminate the current Yoplait brand license in Canada on September 1, 2012. At that time, General Mills Canada will begin to market, sell and distribute Yoplait yogurt products in Canada under license from Yoplait S.A.S. The current Canadian licensee, Ultima Foods, will continue to produce Yoplait branded products to... 
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05/07/12General Mills Will Web Cast Its Presentation at the 2012 Barclays America Select Franchise Conference
MINNEAPOLIS--(BUSINESS WIRE)--May. 7, 2012-- General Mills, Inc. (NYSE: GIS) will be presenting at Barclays Americas Select Franchise Conference on Tuesday, May 15, 2012, beginning at 10:00 a.m. Eastern Daylight Time. Interested investors can access this web cast by logging onto http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.generalmills.com&esheet=50268087&lan=en-US&anchor=www.generalmills.com&index=1&md5=75f20b05cdb4ce4bd402395767e98d0e. A replay of... 
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03/21/12General Mills Reports Results for Fiscal 2012 Third Quarter
Company Reaffirms Full-year EPS Guidance MINNEAPOLIS--(BUSINESS WIRE)--Mar. 21, 2012-- General Mills (NYSE: GIS) today reported results for the third quarter of fiscal 2012. Fiscal 2012 Third Quarter Financial Summary Net sales grew 13 percent to $4.12 billion. The international Yoplait acquisition completed in July 2011 contributed 8 points of net sales growth. Segment operating p... 
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03/14/12General Mills to Webcast Earnings Conference Call on Wednesday, March 21, 2012
MINNEAPOLIS--(BUSINESS WIRE)--Mar. 14, 2012-- General Mills (NYSE:GIS) will release its fiscal 2012 third-quarter financial results on Wednesday, March 21, 2012, prior to market open. In conjunction with that release, the company will conduct a conference call for members of the investment community, beginning at 8:30 a.m. EDT (7:30 a.m. CDT). This conference call will be webcast and can be accessed on the Internet at www.generalmills.com. The... 
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03/13/12General Mills Board of Directors Declares Quarterly Dividend
MINNEAPOLIS--(BUSINESS WIRE)--Mar. 13, 2012-- The General Mills Board of Directors today declared a quarterly dividend at the prevailing rate of $.305 per share, payable May 1, 2012, to shareholders of record April 10, 2012. General Mills (NYSE:GIS) and its predecessor firm have now paid dividends without reduction or interruption for 113 years. Source: General Mills General Mills Media: Kirstie Foster, 763-764-6364 or Analysts: Kris ... 
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02/29/12General Mills Acquires Food Should Taste Good®
Natural snack food business expands company’s natural and organic portfolio MINNEAPOLIS--(BUSINESS WIRE)--Feb. 29, 2012-- General Mills announced today the acquisition of Food Should Taste Good, a rapidly-growing natural snack foods company based in Needham Heights, Mass. Food Should Taste Good will become part of Small Planet Foods, General Mills’ natural and organic products business and will join the division’s catego... 
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02/17/12General Mills Says Recent U.S. Volume Weakness Will Affect Its Third Quarter Results
MINNEAPOLIS--(BUSINESS WIRE)--Feb. 17, 2012-- General Mills (NYSE:GIS) said today 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 -$0.56. In last year’s third quarter, adjusted diluted EPS was $0.56. The company will report fiscal 2012 third-... 
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02/14/12General Mills Will Webcast February 21 Analyst Presentation
MINNEAPOLIS--(BUSINESS WIRE)--Feb. 14, 2012-- General Mills (NYSE: GIS) will webcast its upcoming presentation at the Consumer Analyst Group of New York (CAGNY) conference. Interested investors can listen to the live broadcast beginning at 8:00 a.m. Eastern Standard Time on Tuesday, February 21, 2012. This webcast will be accessible on the Internet at www.generalmills.com. A replay of the presentation will be available at the same website thro... 
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