(Reuters) - General Mills Inc
Net income fell to $459.3 million, or 70 cents per share, in the first quarter ended on August 25 from $548.9 million, or 82 cents per share, a year earlier.
Excluding special items, earnings per share rose to 70 cents from 66 cents. The results met the analysts' average estimate, according to Thomson Reuters I/B/E/S.
Net sales rose 8 percent to $4.37 billion. The company said the addition of new products such as Yoplait Greek yogurt and Pillsbury gluten-free dough in the previous year contributed 5 percentage points to sales growth.
These products were gained through the acquisitions of Yoki Alimentos in Brazil and Yoplait International last year.
The company affirmed its fiscal 2014 outlook of $2.87 to $2.90 per share, excluding special items.
(Reporting by Atossa Araxia Abrahamian; Editing by Lisa Von Ahn)