General Mills profit up; Darden boosts forecast; ConAgra to cut costs, AutoZone beats

Here are some of the stocks the Yahoo Finance team will be watching for you today.

General Mills (GIS) The maker of Cheerios and other cereals topped earnings forecasts in its fiscal first quarter...but revenue came up short. General Mills blames the strong dollar for a 1% drop in sales, saying when you take out the foreign currency effect, they actually increased by 4%.

Darden Restaurants (DRI) The operator of chains such as Olive Garden and LongHorn Steak House is reporting fiscal first quarter profit and revenue that beat analysts' forecasts. Darden says total sales increased 5.7% while those at locations opened at least a year, were up 3.4%.  And the company is boosting its full-year earnings forecast.

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ConAgra (CAG) The maker of Hunt's Ketchup and Orville Redenbacher's popcorn says excluding certain items, earnings exceeded forecasts, but revenue was way below estimates. ConAgra says sales and volume of its consumer products were flat.  And it plans to implement a strategic plan to aggressively cut costs.

AutoZone (AZO) The auto parts retailer exceeded estimates on both the top and bottom lines in its fiscal fourth quarter. AutoZone reports sales at stores open at least a year were up 4.5% in the quarter...and its profit margin increased.

Microsoft (MSFT) The software giant says it has begun the worldwide roll out of Office 2016...that's the latest addition to its cloud-based subscription service Office 365.

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