Minneapolis, Sep. 10 - General Mills said today that its portfolio of leading food brands continues to generate good growth, and the business is recovering margin that was reduced a year ago by sharp input-cost inflation.
As a result, the company’s current estimate of first-quarter earnings per share exceeds internal plan targets. The company’s 2010 first quarter ended on Aug. 30, 2009, and General Mills plans to report its results on Sept. 23, 2009.