Yoplait shows gains in volume, sales and market share in Q1
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.
Yoplait yogurt’s parent company, General Mills, Minneapolis, reported that first quarter net sales declined 2% to $4.27 billion and segment operating profit totaled $690 million, down 15% from year-ago results as reported and in constant currency for the 13 weeks ended August 24.Read the full press release (including the financials) here.
"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.