Investing.com - General Mills (NYSE:GIS) reported quarterly earnings that came in above Wall Street expectations on Wednesday. But quarterly sales declined amid foreign-exchange headwinds. Net income rose to $361.7 million, or 59 cents per share, in the third quarter (Q3), from $343.2 million, or 56 cents per share, a year earlier. Analysts had expected earnings of 62 cents per share on revenue of $4.08 billion. Net sales fell 8% to $4 billion. The company has cut jobs and sold factories and less-profitable brands to reduce expenses.