GIS Q4 2025

Q3 2026 Q2 2026 Q1 2026 Q4 2025 Q3 2025

Earnings

General Mills closed its fiscal fourth quarter with a modest earnings beat that masked the deeper story of a company spending its way toward a recovery. Adjusted diluted EPS came in at $0.74, edging past the $0.71 consensus estimate by 4.23%, but rev… Read more General Mills closed its fiscal fourth quarter with a modest earnings beat that masked the deeper story of a company spending its way toward a recovery. Adjusted diluted EPS came in at $0.74, edging past the $0.71 consensus estimate by 4.23%, but revenue slipped 3.4% year-over-year to $4.56 billion as deliberate investments in consumer value and brand building compressed margins sharply, with adjusted operating profit margin contracting 330 basis points to 13.7%. The heaviest drag came from North America Retail, where net sales fell 10% to $2.56 billion, though the segment held or gained pound share in 64% of its top 10 U.S. Categories, offering early evidence that the spending is gaining traction. North America Pet provided a rare bright spot, with net sales jumping 12% to $675.20 million. The pain is expected to persist into fiscal 2026, with General Mills guiding for adjusted diluted EPS to decline 10-15% in constant currency as it accelerates investment, including a national Blue Buffalo fresh pet food launch, while a global transformation initiative targets $100 million in incremental cost savings.