Send us Feedback

General Mills (GIS)
Analysis
SUMMARY
BULLS
BEARS
TOPICS
Data
DATA CENTRAL
STOCK CHART
Financials
SEC FILINGS
BALANCE
INCOME
CASH FLOW

GIS » Topics » Components of U.S. Retail Net Sales Growth

These excerpts taken from the GIS 10-K filed Jul 11, 2008.
Components of U.S. Retail Net Sales Growth
 
             
    Fiscal 2008
   Fiscal 2007
    vs. 2007   vs. 2006
Contributions from volume growth(a)
     3.3 pts     2.3 pts
Net price realization and product mix
    3.5 pts     2.1 pts
Change in Net Sales
    6.8 pts     4.4 pts
 
 
(a) Measured in tons based on the stated weight of our product shipments.
 
In fiscal 2008, net sales for our U.S. Retail segment were $9.1 billion, up 6.8 percent from fiscal 2007. This growth in net sales was the result of a 3.5 percentage point benefit from net price realization and product mix as well as a 3.3 percentage point increase in volume, led by strong growth in our grain snacks and yogurt businesses.
 
Net sales for this segment totaled $8.5 billion in fiscal 2007 and $8.1 billion in fiscal 2006. Volume increased 2.3 percentage points in fiscal 2007 versus fiscal 2006, led by strong growth in our grain snacks business as well as volume increases in our Yoplait, Meals, and Pillsbury divisions. The volume increase was largely driven by higher levels of consumer marketing spending and new product innovation, resulting in higher sales to key customers.
 
All of our U.S. Retail divisions experienced net sales growth in fiscal 2008 as shown in the tables below:
 
Components of
U.S. Retail Net Sales Growth


 



































































             

 

 

Fiscal 2008


 

Fiscal 2007


 

 

vs. 2007

 

vs. 2006



Contributions
from volume
growth(a)


 

 

3.3 pts

 

 

2.3 pts


Net price realization and product mix


 

 

3.5 pts

 

 

2.1 pts




Change in Net Sales


 

 

6.8 pts

 

 

4.4 pts

 

 























(a)
Measured in tons based on the
stated weight of our product shipments.


 



In fiscal 2008, net sales for our U.S. Retail segment were
$9.1 billion, up 6.8 percent from fiscal 2007. This
growth in net sales was the result of a 3.5 percentage
point benefit from net price realization and product mix as well
as a 3.3 percentage point increase in volume, led by strong
growth in our grain snacks and yogurt businesses.


 



Net sales for this segment totaled $8.5 billion in fiscal
2007 and $8.1 billion in fiscal 2006. Volume increased
2.3 percentage points in fiscal 2007 versus fiscal 2006,
led by strong growth in our grain snacks business as well as
volume increases in our Yoplait, Meals, and Pillsbury divisions.
The volume increase was largely driven by higher levels of
consumer marketing spending and new product innovation,
resulting in higher sales to key customers.


 



All of our U.S. Retail divisions experienced net sales
growth in fiscal 2008 as shown in the tables below:


 




EXCERPTS ON THIS PAGE:

10-K (2 sections)
Jul 11, 2008

RELATED TOPICS for GIS:

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki