earnings
confidence high
sentiment negative
materiality 0.85
General Mills Q3 organic sales -5%, adj. EPS -15%; cuts FY25 guidance to -2% organic
GENERAL MILLS INC
2025-Q3 EPS
reported $3.57
vs consensus $0.82
▲ beat
(+333.9%)
- Q3 net sales $4.8B (-5% YoY); adjusted diluted EPS $1.00 (-15% constant currency), below expectations.
- North America Retail sales -7% (organic -6%); Pet flat (organic -5%) on retailer inventory headwinds.
- FY2025 guidance lowered: organic net sales now -2% to -1.5% (prior flat to +1%); adj. op profit/EPS -8% to -7% (prior -4% to -2%).
- CEO cites greater-than-expected retailer inventory reductions and slowing U.S. snacking categories.
- Targeting ≥$600M HMM productivity and ≥$100M additional cost savings in FY2026 to fund growth investments.