General Mills ( GIS ) reported fourth quarter 2012 results with adjusted earnings (excluding mark-to-market effects and restructuring costs) of 60 cents per share climbing 15% from the prior-year quarter. GENL MILLS (GIS): Free Stock Analysis Report To read this article on Zacks.com click here. However, higher input cost inflation and lower U.S. retail volumes dragged the quarter's adjusted gross margin down by 140 basis points (bps) to 37.2%.