General Mills beats quarterly results estimates on resilient demand for pantry staples

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 sales of $4.39B, beating estimates but down 3% YoY due to divestitures. Organic sales were flat, and adjusted EPS fell 13% to $0.75. North America Retail sales dropped 7%, while International sales rose 4%. The company reaffirmed its FY2027 guidance. Higher input costs reduced gross margin by 90 basis points.

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 (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.