General Mills beats quarterly sales estimates

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Net earnings attributable to General Mills rose to $638.9 million, or $1.03 per share, in the first quarter ended Aug. 30, from $520.6 million, or 85 cents per share, a year earlier.

Net sales climbed to $4.36 billion from about $4 billion, beating analysts’ average estimate of $4.21 billion, according to IBES data from Refinitiv.