General Mills, Inc. (GIS)

Sector: Consumer Staples|Industry: Packaged Foods|Market Cap: $35.48B|Employees: 34K


General Mills is a global manufacturer and marketer of branded consumer foods, operating in over 100 countries. The company's core business model revolves around producing and selling a variety of human and pet food products, including snacks, cereals, convenient meals, and pet food. General Mills leverages its brand recognition, product innovation, and efficient supply chain to compete in the highly competitive food industry.

  1. Filings

Filing Highlights

Financial Performance

Net sales increased 2% to $5,240.1 million, but organic net sales only increased 1%. This indicates that most of the growth came from price increases rather than increased volume.

Operating profit increased 33% to $1,077.9 million, primarily due to a goodwill impairment charge recorded in fiscal 2024 and lower restructuring charges. This makes year-over-year comparisons difficult.

Diluted earnings per share increased 39% to $1.42, reflecting the improved operating profit. However, adjusted diluted earnings per share only increased 12% on a constant-currency basis, indicating that a large portion of the increase was due to currency effects.

Growth & Strategy

Management Execution

Risk Factors

Competitive Position

Operational Efficiency

Innovation & Technology

Capital Allocation

ESG initiatives

Market Environment