General Mills Reaffirms 2011 EPS Guidance of $2.46 to $2.48

In conjunction with a presentation today at the Morgan Stanley Global Retail and Consumer Conference in New York, General Mills GIS said it remains on track to achieve its sales and earnings targets for the fiscal year ending May 2011. The company reaffirmed fiscal 2011 earnings per share guidance of $2.46 to $2.48 excluding mark-to-market effects and an expected net gain related to certain tax items.