General Mills, Inc.(NYSE: GIS) has reported the adjusted earnings per share of 72 cents in the third quarter of 2017, beating the analysts' estimates for the adjusted earnings per share of 71 cents. Further, General Mills also booked $78 million in restructuring and impairment charges, which dented profit. The company had reported the adjusted revenue fell 5.2 percent to $3.79 billion in the third quarter, missing the analysts' estimates for revenue of $3.82 billion. This has been seventh straight quarterly sales decline due to the weak demand for its yogurt and baking products, as the company discounted less amid pricing competition in the United States. The net income attributable to GIS fell to $357.8 million in the third quarter, from $361.7 million, a year earlier. As a result, the stock declined over 1.2% this morning (As of 11:53AM EDT on March 21 st, 2017; Source: Google finance).