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General Mills sales miss on strong dollar, weak U.S. demand

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Two types of Cheerios cereal, one with protein (L) and one without, are seen in this photo illustration in Wilmette, Illinois September 12, 2014. REUTERS/Jim Young

(Reuters) - General Mills Inc , the maker of Cheerios cereal and Yoplait yogurt, reported lower-than-expected quarterly sales, hurt by a strong dollar and weaker sales in the United States.

Net income attributable to General Mills rose to $361.7 million, or 59 cents per share, in the third quarter ended Feb. 28, from $343.2 million, or 56 cents per share, a year earlier.

The company's net sales fell 8 percent to $4 billion, falling for the third quarter in a row.

Analysts on average had expected revenue of $4.08 billion, according to Thomson Reuters I/B/E/S.

(Reporting by Sruthi Ramakrishnan in Bengaluru; Editing by Sriraj Kalluvila)

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