date:Mar 17, 2014
s as shoppers look for bargains amid lingering economic uncertainty.
The weakness in the quarter is not altogether surprising given the trends across U.S. packaged food, BMO Capital Markets analyst Kenneth Zaslow wrote in a note to clients.
However, the magnitude of the weakness is greater than we anticipated.
General Mills, which also makes Betty Crocker dessert mixes, said sales and operating profit for the third quarter ended Feb. 23 will reflect about 1 percent lower volume.
It noted tha