Net sales for the third quarter of fiscal 2014 totaled $4.38 billion, down 1% from year-ago levels.
March 19, 2014
For the nine months of the company’s fiscal year, net sales have increased 2% to $13.63 billion. Yoplait Greek yogurt was cited as one of the retail products contributing to year-to-date net sales growth. Others include Fiber One protein bars, Nature Valley oatmeal squares and Totino's frozen pizza and snacks.
New products contributing to net sales growth in the quarter included Yoplait Greek yogurt, the company stated.
September 18, 2013
Yoplait yogurt products contributed to a first-quarter sales increase at Minneapolis-based General Mills. Net sales rose 8% to $4.37 billion in the quarter ended Aug. 25, with new businesses contributing 5 percentage points of the growth, according to the company.
In the company's Cheese Segment, revenues increased from a combination of higher prices, volume gains and improved product mix with significant gains in Kraft natural cheeses and Velveeta
August 1, 2013
Kraft Foods Group, Inc. Northfield, Ill., reported today that net revenues in the second quarter declined 1.1% to $4.7 billion and that operating income increased 53.5% to $1.4 billion in the period. In the company's Cheese Segment, revenues increased from a combination of higher prices, volume gains and improved product mix with significant gains in Kraft natural cheeses and Velveeta.
Total sales for the dairy co-op were a record $14.1 billion.
February 26, 2013
Land O'Lakes Inc. reported 2012 sales of $14.1 billion (up 10.2% from 2011) and net earnings of $241 million (up 31%). Both are records. Additionally, three of the business segments achieved record sales, and the Crop Inputs segment had record earnings in addition to record sales.
Higher milk costs resulting from amendments to the milk pricing formula in California are expect to negatively impact EBITDA over the next four months.
February 14, 2013
The Dairy Products Division (Canada) continues its investment strategy in product categories that offer growth potential, namely specialty cheeses and value-added milk products. The USA Dairy Products Sector continues to seek opportunities to mitigate the effect of higher milk costs resulting from amendments to the milk pricing formula in California.
The company plans to continue to build on its Coffee Creamers and Beverages platform by expanding its International Delight Iced Coffee product line with a new “lights-line” with 100 calories.
February 13, 2013
The Dean Foods spin-off said 2012 sales were about $2.3 billion.
Fourth quarter consolidated operating income totaled $83 million, compared to a consolidated operating loss of $50 million in the fourth quarter of 2011. Pro forma adjusted fourth quarter consolidated operating income in 2012 totaled $157 million, a 16 percent increase from the $135 million reported in the fourth quarter of 2011.