earnings
confidence high
sentiment negative
materiality 0.80
General Mills Q4 net loss $2.0B on $1.8B goodwill charge; FY2027 adjusted EPS guidance $3.00-$3.20
GENERAL MILLS INC
- Q4 diluted loss per share $3.74 vs. EPS $0.53 last year; adjusted diluted EPS $0.95, up 27% in constant currency.
- Full-year net loss $88M, diluted loss $0.16; adjusted diluted EPS $3.55, down 16% in constant currency.
- Organic net sales flat in Q4, down 2% for FY2026; North America Retail organic sales down 3% for the year.
- FY2027 outlook: organic net sales -1.5% to +0.5%; adjusted EPS $3.00-$3.20; targeting $3B cost savings by 2030.
- Board declares quarterly dividend $0.61 per share, payable Aug 3, 2026, to holders of record July 10, 2026.