General Mills, Inc.
Industry: Food Processing

General Mills, Inc. is a producer of packaged consumer foods that operates exclusively in the consumer foods industry. The Company's businesses are divided into three operating segments: United States Retail, Bakeries and Foodservice and International. United States Retail consists of cereals, meals, refrigerated and frozen dough products, baking products, snacks, yogurt and organic foods. The Bakeries and Foodservice segment consists of products marketed to retail and wholesale bakeries and offered to the commercial and non-commercial foodservice sectors throughout the United States and Canada, such as restaurants and school cafeterias. The International segment is made up of retail business outside the United States and foodservice business outside of the US & Canada. In addition to its consolidated operations, the Company manufactures & sells products through several joint ventures.

Business Summary
General Mills, Inc. (General Mills) is a producer of packaged consumer foods and operates in the consumer foods industry. Its businesses are divided into three segments: U.S. Retail, Bakeries and Foodservice, and International. U.S. Retail reflects business with a variety of grocery stores, specialty stores, drug, dollar and discount chains, and mass merchandisers operating throughout the United States. The Company's major product categories in this business segment are ready-to-eat cereals, meals, refrigerated and frozen dough products, baking products, snacks, yogurt and organic foods. General Mills' Bakeries and Foodservice segment consists of products marketed throughout the United States and Canada to retail and wholesale bakeries, commercial and non-commercial foodservice distributors and operators, and convenience stores. Its International segment is made up of retail businesses outside of the United States, and foodservice businesses outside of the United States and Canada.

Financial Summary
General Mills, Inc. is a producer of packaged consumer foods, including, cereals, desserts, flour and baking mixes, dinner & side dish products, snack products, beverages, yogurt products and foodservice products. For the 13 weeks ended 8/28/05, net sales rose 3% to $2.66B. Net income rose 38% to $252M. Revenues reflect higher total worldwide volume. Net income also reflects a decrease in restructuring costs.