GIS General Mills Inc

What the last report said

Wed, Jul 1, 2026

GIS Q4: EPS beats 18% to $0.95 on remarkability gains; revenue slight miss $4.61B; FY26 guidance reaffirmed

• Remarkability Framework reinvestment showing results after three quarters: household penetration, baseline volume, distribution, and market shares improving; NAR investments resonating with consumers
• Innovation tracking at ~25% new product growth target, slightly above in NAR; Cheerios Protein reaching $100M by year-end; Ghost Protein Bars, Annie's Fiber Snacks, La Tiara launching nationally
• Salty snacks up double digits in Q3, Chex Mix strong, three consecutive quarters of pound and dollar share growth; price pack architecture working
• Love Made Fresh above 5,000 coolers, step-up in turns after three weeks of weekly store rep visits; stand-up resealable pouch (55% of fresh sales) launching at 2x dollar ring of rolls
• Brazil divestiture (Yoki/Kitano brands) to focus on super premium ice cream, Mexican food, snack bars, pet food global platforms, enhancing margins
• Price mix down this year due to base shelf price investments but expected to return to growth in FY27—price gap closing starting with Pillsbury and cereal

Risks, guidance detail and earnings-call takeaways are in the app. Get FirstPrint →