Friday, June 30, 2017

Owner of Yoki has fall in global revenue

Owner of brands like Kitano, Yoki and Häagen-Dazs, General Mills recorded a fall of 3.1% in global revenue in your fourth fiscal quarter, ended May 28, compared with the same period last year. With that, the revenues reached $ $3.8 billion. However, the company''s profit rose 7.7 percent in the same months, closing at $ $408,900,000.
Jeff Harmening, President of the company, said that organic sales have improved in three of the four operating segments of the company in the period analyzed. And he added: "While we took important steps in fiscal 2017 to globalise our business structure, accelerate our efforts to reduce costs, expand our margins and drive the growth of adjusted diluted earnings per share. Our results in the first line of the balance sheet were well below our standards. "
Supermercado Moderno - 29/06/2017
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