General Mills Reports Lower Q1 Sales, Reaffirms Targets
General Mills posted Q1 FY2027 net sales of $4.4 billion, down 3% largely due to the yogurt divestiture, with operating profit collapsing year over year before adjustments and the company reaffirming its full-year targets. Meanwhile UBS and other analysts caution about weak consumption and higher input costs, with UBS cutting its FY2027 EPS outlook and expecting a slow return to growth as investors await quarterly results.
Finance · 18 sources · Sep 23, 2026Read itThe journal
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About General Mills
General Mills, Inc. is an American multinational manufacturer and marketer of branded consumer foods sold through retail stores. Founded on the banks of the Mississippi River at Saint Anthony Falls in Minneapolis, the company originally gained fame for being a large flour miller. It is headquartered in Golden Valley, Minnesota, a suburb of Minneapolis.
Everything about General Mills →- Country
- United States
- Headquarters
- Golden Valley
- Inception
- 1866, 1928, 1856
- Website
- http://www.generalmills.com