General Mills beats sales forecasts as consumers eat more meals at home

General Mills reported Q1 fiscal 2027 adjusted earnings of $0.75 per share, beating estimates of $0.72. Revenue fell 3% to $4.39B due to divestitures. Shares dropped 1% despite reaffirmed full-year guidance. Higher input costs reduced margins. North America Retail sales declined 7%, while International sales rose 4%. The company expects $750M in savings this year.

General Mills (GIS) reported Q1 FY2027 earnings with adjusted EPS of $0.75 (beating estimates by $0.03) and revenue of $4.40B (beating estimates by $60M). The stock is down 0.76% intraday. Management reaffirmed full-year guidance and confirmed a $750M cost savings target. Analysts remain cautious about volume recovery and inflation risks. The stock has a 6.9% dividend yield and is near its 52-week low.

General Mills (GIS) reported Q1 EPS of $0.75, beating estimates of $0.72. Revenue was $4.40B, exceeding expectations but down 3% YoY due to yogurt business divestiture. The company reaffirmed FY guidance and cited cost savings and new products to drive demand.

General Mills reported Q1 sales of $4.39B, beating estimates, with flat organic sales. Adjusted profit fell 13% to $0.75 per share but exceeded expectations. The company reaffirmed its fiscal 2027 outlook, citing cost-cutting measures and resilient demand for at-home food.

General Mills (GIS) reported Q1 FY2027 earnings with retail sales improving despite cost pressures. Revenue fell 3% to $4.39B, and adjusted EPS declined 13% to $0.75. The company reaffirmed its full-year outlook, highlighting operational improvements and innovation-driven strategies. Shares dropped 2.45% to $34.58.

General Mills (GIS) reported Q3 CY2026 revenue of $4.39B, down 2.8% YoY but exceeding estimates. Non-GAAP EPS of $0.75 beat expectations by 4.5%. Analysts project a 3% revenue decline over the next 12 months, citing weak volume growth.