While net sales for General Mills' U.S. Retail segment dipped 5% from the prior year, the Snacks, Yoplait and Small Planet Foods divisions achieved net sales gains.
September 17, 2014
"In U.S. Retail, our Yoplait yogurt business returned to growth, with volume, sales, and market share gains,” said General Mills Chairman and Chief Executive Officer Ken Powell in a statement today.
The company saw "significant consumption growth" in its natural cheeses and Velveeta business in the first three months of the year.
May 2, 2013
"We're off to a solid start," said Tony Vernon, CEO of Kraft. "Our first quarter results reflect strong returns on our new product innovations to date, as well as the fact that our cost savings outpaced our plans to reinvest in our brands."
Kraft natural cheese, Philadelphia and Velveeta drove strong volume/mix gains.
November 7, 2012
Net revenues in the third quarter grew 3.0 percent to $4.6 billion. Organic Net Revenues increased 3.2 percent from volume/mix gains of 2.6 percentage points and favorable pricing of 0.6 percentage points, reflecting significant gains from new products.