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.

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(END) Dow Jones Newswires

July 01, 2026 08:45 ET (12:45 GMT)

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