General Mills Foodservice Operating Profit Jumps Despite Yogurt Exit
Dow Jones
Jul 01
General Mills' North America Foodservice segment posted a 22% jump in fourth-quarter operating profit to $101 million, even as net sales dipped 1%. The segment faced a 7-point sales headwind from the U.S. yogurt divestiture, yet improved profitability through Holistic Margin Management cost savings and favorable net price realization. The segment held or gained dollar share in nearly 90% of its priority businesses for the full year, with gains in healthcare, lodging, recreation, and college and university channels driving the performance.
This article was automatically created using artificial-intelligence technology and reviewed by Dow Jones Newswires editors.
(END) Dow Jones Newswires
July 01, 2026 08:45 ET (12:45 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.