Q1 FY27 · Ended Aug 30, 2026 · View SEC filing
Most of the profit fall is last year's yogurt sale
Operating profit fell 63.3%, but the prior quarter held a non-recurring gain, so the underlying business shrank far less.
For investorsWhat has to go right for profit to grow again?
For foundersRunning a portfolio of brands on one supply chain
North America Retail turns 55.9% of sales into a 19.5% margin, the widest of any segment.
Volume added 6 points to International sales, yet its margin is the lowest of any segment, against 19.5% in North America Retail.
Net interest of $142.2M rose with higher rates while operating cash flow fell, leaving free cash flow at 4.7% of sales.
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Business Lens describes General Mills from its own filings with the SEC. It is not a view on its shares, a target, or advice to buy, sell or hold anything; figures are as filed and may be restated by the company later. The filing is linked above.
