Form 8-K · Current report
General Mills 8-K, filed Sep 23, 2026
- Filed
- CIK
- 0000040704
- Accession no.
- 0001628280-26-063141
Summary
General Mills reported fiscal 2027 first-quarter net sales of $4.4 billion, down 3 percent because of its U.S. yogurt divestiture, with organic net sales flat and adjusted diluted earnings per share of $0.75, down 13 percent in constant currency, and reaffirmed its full-year fiscal 2027 outlook. Chairman and CEO Jeff Harmening said the company was off to an encouraging start in fiscal 2027 and remained confident in its ability to deliver its guidance.
Key points
- Net sales fell 3 percent to $4.4 billion on the divestiture of the U.S. yogurt business, while organic net sales were flat.
- Operating profit of $634 million was down 63 percent, driven largely by a $1 billion gain on the yogurt divestiture recorded a year earlier; adjusted operating profit of $634 million was down 11 percent in constant currency.
- North America Retail net sales fell 7 percent to $2.4 billion, North America Foodservice rose 1 percent to $523 million, and International rose 4 percent to $794 million.
- The company paid $330 million in dividends and repurchased no shares in the quarter, compared with $500 million in buybacks a year earlier.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 2.02Results of Operations and Financial Condition
- 9.01Financial Statements and Exhibits
From the filing
Item 2.02 Results of Operations and Financial Condition. On September 23, 2026, General Mills, Inc. issued a press release reporting financial results for its quarter ended August 30, 2026. A copy of the press release is attached hereto as Exhibit 99 and incorporated herein by reference. The information furnished in Item 2.02 of this Current Report on Form 8-K and Exhibit 99 attached hereto shall not be deemed to be filed for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to liabilities of that Section or Sections 11 and 12(a)(2) of the Securities Act of 1933, as amended, and shall not be deemed to be incorporated by reference into any…
An excerpt of the text as filed with the SEC, cut for length.
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