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General Mills, Inc. 10-Q Filings

GIS NYSE

Every 10-Q that General Mills, Inc. (GIS) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow GIS and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full GIS filings page.

Rhea-AI Summary

General Mills reported first-quarter fiscal 2027 net sales of $4,389.5 million, down 3% from a year earlier, while organic net sales were flat. Net earnings attributable to General Mills were $397.0 million and diluted earnings per share were $0.74, each down 67%. The prior-year quarter included a $1,054.4 million divestitures gain from the U.S. yogurt business sale.

Adjusted operating profit was $634.0 million, down 11% on a constant-currency basis, and adjusted diluted EPS was $0.75, down 13% on a constant-currency basis. Management cited higher input costs and lower contributions from volume growth, partly offset by favorable net price realization and mix.

General Mills completed the sale of its Brazil business to 3corações on September 2, 2026, after quarter-end. The agreement set a R$800.0 million base price, subject to specified deductions and customary post-closing adjustments; the company expects to record customary sale-price adjustments in fiscal 2027’s second quarter. It recorded an additional $23.7 million non-cash pre-tax valuation loss on the business in the first quarter. Management expects at least $750 million in fiscal 2027 savings amid forecast input-cost inflation of 4 to 5%.

Rhea-AI Summary

General Mills, Inc. reported weaker results for the quarter ended February 22, 2026, as it reshaped its portfolio and absorbed higher costs. Quarterly net sales fell to $4.44 billion, down 8%, with organic net sales down 3% as volume declined despite modest pricing benefits.

Quarterly operating profit dropped 41% to $524.6 million, and diluted EPS declined 50% to $0.56, reflecting higher input costs, lower volume contributions, increased restructuring and transformation costs, and the absence of a prior-year divestiture gain. Adjusted operating profit fell 32% in constant currency and adjusted diluted EPS fell 37%. For the nine-month period, net sales decreased 7%, but reported operating profit rose 6% to $2.98 billion and diluted EPS was essentially flat at $3.56, largely due to a $1.05 billion gain on the sale of the U.S. yogurt business.

The company continued to reposition its portfolio, closing the U.S. and Canada yogurt divestitures and agreeing to sell its Brazil business, where it expects a pre-tax loss that will include $622.1 million of cumulative currency translation losses. It also recorded a $52.9 million impairment on the Uncle Toby’s brand and launched multi-year supply chain restructuring expected to total about $96 million in charges. Cash flow remained strong, with nine-month operating cash flow of $1.61 billion, divestiture proceeds of $1.83 billion, reduced long-term debt, and $504.7 million of share repurchases including a $500 million accelerated program.

Rhea-AI Summary

General Mills, Inc. reported softer Q2 fiscal 2026 results, with net sales down 7% to $4,860.8M and organic net sales down 1%. Operating profit fell 32% to $728.0M as lower volume, higher input costs, and much higher restructuring, transformation, and impairment charges outweighed favorable pricing and mix. Diluted EPS dropped to $0.78, a 45% decline, while adjusted operating profit of $847.7M fell 20% and adjusted EPS of $1.10 declined 21%.

For the first six months, net sales decreased 7% to $9,378.3M and organic net sales declined 2%. GAAP diluted EPS rose 22% to $3.00, mainly from a $1,046.5M pre-tax gain on the sale of the United States yogurt business, while adjusted EPS fell 21% to $1.96. The company recorded a $52.9M non-cash impairment of the Uncle Toby’s brand and launched a multi-year supply-chain initiative expected to generate about $82M of restructuring charges through fiscal 2029, alongside continued share repurchases and debt repayments.

Rhea-AI Summary

General Mills (GIS) 10-Q — Selected reported items from the quarter ended Aug. 24, 2025. The filing shows total comprehensive income of $1,148.7 million for the period. Other comprehensive loss totaled $89.9 million (pre-tax) and $55.5 million (net), driven by foreign currency translation and actuarial items with related tax effects. Segment aggregate results presented for the quarter total 921.4 million versus 866.9 million in the prior comparable period. The report also includes a per-share figure of $9.45 and various balance-sheet and cash flow line items (for example, totals near $1,204.0 million and $9,518.9 million) shown in the tables. The filing contains tabular financial detail for income components, segments, and cash flow/notes payable items.