General Mills (GIS) Tops Q4 EPS by 3c; Offers Guidance

General Mills (NYSE: GIS) reported Q4 EPS of $0.74, $0.03 better than the analyst estimate of $0.71. Revenue for the quarter came in at $4.6 billion versus the consensus estimate of $4.6 billion.

General Mills outlined its full-year financial targets for fiscal 2026²:

Organic net sales are expected to range between down 1 percent and up 1 percent.
Adjusted operating profit is expected to be down 10 to 15 percent in constant currency from the base of $3.4 billion reported in fiscal 2025.
Adjusted diluted EPS is also expected to be down 10 to 15 percent in constant currency from the base of $4.21 earned in fiscal 2025.
Free cash flow conversion is expected to be at least 95 percent of adjusted after-tax earnings.
The net impact of divestitures, acquisitions, foreign currency exchange, and the 53rd week is expected to reduce full-year net sales growth by approximately 4 percent. Foreign currency exchange is not expected to have a material impact on adjusted operating profit or adjusted diluted EPS growth.
Given the completion of regulatory review, General Mills expects to close the sale of its U.S. Yogurt business by the end of June 2025, subject to the satisfaction of remaining customary closing

For earnings history and earnings-related data on General Mills (GIS) click here.

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