RESULTS: General Mills Inc.'s fiscal second-quarter profit fell 28 percent to $444.8 million, or 67 cents per share. Excluding charges tied to its acquisition of Yoplait and other items, it earned 76 cents per share, missing Wall Street's expectations of 79 cents per share.

REVENUE: The food maker's revenue increased 14 percent to $4.62 billion on higher prices, strong demand and the Yoplait acquisition.

REASONING: General Mills, like many food makers, has struggled for some time with higher costs for everything from ingredients to labor. It has hiked its prices to offset those pressures but still has felt the pinch on its profits.