date:May 24, 2012
novation across General Mills global business platforms.
The company noted that it will record total restructuring charges of approximately $109m, of which approximately $94m will be recorded in the fourth quarter of fiscal 2012. The remaining costs will be recorded in fiscal 2013.
General Mills stood by its earlier forecast of earnings of $2.53 to $2.55 per share for the fiscal 2012.
In March 2012, the company reported that its third-quarter net income was $391.5m, down from $392.1m a year e