June 27, 2018 / 11:09 AM / 22 days ago

CORRECTED-General Mills quarterly profit drops 13 pct

(Corrects year-earlier EPS figure to 69 cents in paragraph 2)

June 27 (Reuters) - Cheerios cereal maker General Mills Inc on Wednesday reported a 13 percent drop in quarterly profit due to higher input and freight costs.

Net earnings attributable to the company fell to $354.4 million, or 59 cents per share, in the fourth quarter ended May 27 from $408.9 million, or 69 cents per share, a year earlier.

Net sales rose to $3.89 billion from $3.81 billion. (Reporting by Nivedita Balu in Bengaluru; Editing by Anil D'Silva)

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