secwatch / observer
8-K filed October 1, 2025, 7:59 PM ET ticker GIS CIK 0000040704
other material confidence high sentiment negative materiality 0.55

GENERAL MILLS INC (GIS): restructuring charge — General Mills approves restructuring plan with $82M charges, three facility closures

GENERAL MILLS INC

Key facts

Extracted from this filing and checked against the source text.

Restructurings & Charges SEC 8-K Item 2.05/2.06 confidence 0.9

GENERAL MILLS INC announced a restructuring with charges of approximately $82 million of restructuring charges affecting North America Foodservice pizza crust manufacturing facility in St. Charles, Missouri; two North America Pet manufacturing facilities in Joplin, Missouri; consolidation of assets at certain other faci.

Type
restructuring
Charge
approximately $82 million of restructuring charges
Affected area
North America Foodservice pizza crust manufacturing facility in St. Charles, Missouri; two North America Pet manufacturing facilities in Joplin, Missouri; consolidation of assets at certain other faci
Exact text from the filing
On September 25, 2025, General Mills, Inc. approved a multi-year organizational initiative to increase the competitiveness of our supply chain. To consolidate capacity, improve our cost structure, and support this initiative, we approved (i) the closure of our North America Foodservice pizza crust manufacturing facility in St. Charles, Missouri, (ii) the closure of two of our North America Pet manufacturing facilities in Joplin, Missouri that we acquired in the Whitebridge Pet Brands acquisition, and (iii) the consolidation of assets at certain of our other facilities, pursuant to which we expect to incur approximately $82 million of restructuring charges, of which approximately $17 million will be cash.
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Source: SEC EDGAR
accession 0001193125-25-225852
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