Yogurt is No Longer a Problem at General Mills, But Not Quite a Rebound Story

General Mills said it plans to keep its foot on the accelerator in yogurt, a business where the company has slowed its declines but now needs to increase sales.

Executives outlined new yogurt products at its investor day Tuesday that they hope — along with improvements in its snack bars and continued momentum in cereal — will get its largest business unit back to growth.

Jeff Harmening, the Golden Valley-based company’s chief executive, told analysts at the New York Stock Exchange that its North America retail unit, which accounts for 59% of all its sales, is a key part of its fiscal 2020 plans.

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