General Mills reported fiscal Q1 earnings with an EPS of $0.75, beating analyst expectations of $0.72, and revenue of $4.39 billion, surpassing the $4.35 billion estimate. The strong revenue was driven by increased demand for pantry staples and breakfast cereals as more consumers ate at home. However, despite these positive top-line results, the company’s overall profit dropped significantly to $397 million from $1.20 billion a year ago, reflecting challenges during its turnaround phase. General Mills also has a high Debt-to-Equity ratio of 1.83, indicating reliance on debt financing.
General Mills (GIS) shares are trading at USD 34.70 on Pluang as of Sep 23, 2026 21:01 WIB, down 2.12% for the day. This price is closer to the 52-week low of USD 32.17 than the high of USD 51.11, highlighting the stock's recent weakness despite its strong Q1 revenue beat. The stock's dividend yield stands at 6.88%, and all Pluang order activity is currently on the buy side, indicating investor interest amid the company's turnaround challenges.
General Mills is set to report its Q3 2026 earnings with an expected 16.3% decline in earnings per share to $0.72 and revenue forecast around $4.35 billion, down from last year. Despite these declines, the company reaffirmed its full-year adjusted EP...
This week, US economic data is light, shifting focus to geopolitics and corporate events. President Trump will host Chinese President Xi Jinping to discuss trade, tariffs, Taiwan, and AI, with potential announcements on Chinese purchases of US goods ...
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