General Mills GIS said earlier today that results for the first quarter of fiscal 2011 met the company's expectations.
Fiscal 2011 First Quarter Financial Summary
--Net sales grew 1 percent to $3.53 billion.
--Segment operating profit totaled $749 million, down 2 percent from very strong results a year earlier.
--Diluted earnings per share (EPS) grew 13 percent to 70 cents per share.
--Adjusted diluted EPS, which excludes certain items affecting comparability, totaled 64 cents per share, matching results in last year's first quarter.
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