Highest-materiality recent filing
General Mills Q4 net loss $2.0B on $1.8B goodwill charge; FY2027 adjusted EPS guidance $3.00-$3.20
Q4 diluted loss per share $3.74 vs. EPS $0.53 last year; adjusted diluted EPS $0.95, up 27% in constant currency.
General Mills elects Dana McNabb as COO effective June 1, 2026; also joins board
Dana McNabb promoted to COO effective June 1, 2026; also elected to Board of Directors.
Director Steve Odland to not stand for reelection after 20+ years of service
Steve Odland decided not to stand for reelection at the September 2026 Annual Meeting.
General Mills issues €1.7B in junior subordinated notes due 2056
€1.0B Series A at 4.750%, fixed-to-fixed reset rate, due 2056.
General Mills Q3 net sales down 8% to $4.4B; EPS $0.56, down 50%; reaffirms FY guidance
Organic net sales down 3% with 6-point headwind from divestitures/acquisitions.
General Mills appoints Joan Bottarini to board of directors; declares $0.61 quarterly dividend
Joan Bottarini, EVP and CFO of Hyatt Hotels, appointed to General Mills board effective Jan 26, 2026.
General Mills Q2 net sales down 7% to $4.9B; diluted EPS $0.78, down 45%; reaffirms FY26 outlook
Diluted EPS $0.78 down 45% YoY; adjusted diluted EPS $1.10 down 21% in constant currency.
General Mills 2025 annual meeting: all director nominees elected; both shareholder proposals fail
All 11 director nominees elected; Jeffrey L. Harmening received highest against votes at ~8.3%.
General Mills approves restructuring plan with $82M charges, three facility closures
Approves multi-year supply chain initiative; expects ~$82M total restructuring charges ($17M cash).
General Mills Q1: adj EPS $0.86 (-20% CC), organic net sales -3%, reaffirms FY outlook
Net sales $4.5B, down 7% (4-pt headwind from divestitures/acquisitions); organic net sales down 3%.
FY25 net sales $19.5B (-2%); diluted EPS $4.10 (-5%); adjusted EPS $4.21 (-7%).
General Mills approves global transformation plan with $130M charges, $70M expected in Q4 FY2025
Board approved multi-year global transformation initiative to drive productivity through process enhancements and organizational actions.
Dana McNabb's expanded role adds oversight of North America Pet to her current NAR responsibilities.
General Mills issues €750M of 3.600% Notes due 2032
Sold €750,000,000 aggregate principal amount of 3.600% Notes due 2032.
General Mills Q3 organic sales -5%, adj. EPS -15%; cuts FY25 guidance to -2% organic
Q3 net sales $4.8B (-5% YoY); adjusted diluted EPS $1.00 (-15% constant currency), below expectations.
General Mills announces retirement of Jon Nudi; Liz Mascolo new Pet segment president
Jon Nudi, Group President overseeing Pet, International, and Foodservice, retires June 30, 2025 after 32 years at GIS.
Director C. Kim Goodwin will not stand for reelection at General Mills 2025 annual meeting
Goodwin informed the company on January 30, 2025 that she will not seek reelection.
General Mills Q2 revenue up 2% to $5.2B; lowers FY25 adjusted profit guidance
Net sales $5.2B (+2%); organic +1%; reported EPS $1.42 (+39%), adj. EPS $1.40 (+12% constant currency).
General Mills issues $1.5B in senior notes: 4.875% due 2030 and 5.250% due 2035
Issued $750M of 4.875% Notes due 2030 and $750M of 5.250% Notes due 2035.
General Mills to acquire Whitebridge Pet Brands' North American business for $1.45B
Deal includes Tiki Pets and Cloud Star brands, a growth leader in $24B cat feeding and pet treating segments.
General Mills enters into $2.7B five-year credit facility, terminates prior agreement
New $2.7B five-year revolving credit facility entered on Oct 9, 2024; Bank of America, N.A. as Administrative Agent.
General Mills annual meeting: all directors elected, say-on-pay passes, ESG proposals fail
All 12 director nominees elected; CEO Jeffrey Harmening received lowest support (93.9%) with 374.5M votes for.
Net sales $4.8B (-1% YoY); adjusted EPS $1.07 (-2% constant currency); organic net sales -1%.
General Mills to sell North American Yogurt business to Lactalis, Sodiaal for $2.1B cash
Total cash consideration $2.1B; Lactalis acquires U.S. business, Sodiaal acquires Canadian business.
General Mills Q4 net sales down 6%; FY EPS $4.31; dividend raised 2% to $0.60; guides FY25 flat
Q4 net sales $4.7B, down 6% YoY; adjusted diluted EPS $1.01, down 10% constant currency.
General Mills Director R. Kerry Clark Will Not Stand for Reelection at 2024 Annual Meeting
Director R. Kerry Clark notified General Mills on May 8, 2024 that he will not stand for reelection at the 2024 annual meeting in September.
General Mills issues €1B in senior notes via two tranches maturing 2030 and 2034
€500M of 3.650% Notes due 2030 and €500M of 3.850% Notes due 2034 issued.
General Mills Q3 EPS $1.17 (+27%), revenue $5.1B (-1%); reaffirms FY guidance
Q3 diluted EPS $1.17, up 27% YoY; adjusted EPS $1.17, up 22% in constant currency.
General Mills to hold annual advisory vote on executive compensation
2023 Annual Meeting held September 26, 2023.
Shawn O'Grady, Group President, North America Foodservice, retires after 35 years; will serve as Senior Advisor through early summer 2024.
General Mills appoints two new board members, issues $500M 4.700% notes, declares quarterly dividend
Benno O. Dorer and John G. Morikis elected to board; board size now 13 directors.
General Mills Q2 net sales down 2% to $5.1B; cuts FY organic sales view to -1% to flat
Adjusted diluted EPS of $1.25, up 14% in constant currency; GAAP EPS $1.02, up 1%.
Jon Nudi appointed Group President, Pet and International effective Jan 1, 2024; Dana McNabb succeeds him as Group President, North America Retail.
General Mills issues $500M of 5.500% Notes due 2028
Sold $500M aggregate principal of 5.500% Notes due 2028, closing expected Oct 17, 2023.
Elected all 11 director nominees; highest votes for Jo Ann Jenkins (416.5M for), lowest for CEO Jeff Harmening (378.2M for).
General Mills Q1 net sales up 4% to $4.9B; adjusted EPS $1.09, reaffirms FY2024 guidance
GAAP diluted EPS fell 16% to $1.14; adjusted diluted EPS down 1% constant currency to $1.09.
General Mills reports FY2023 net sales of $20.1B (+6%), EPS $4.31; raises dividend 9%
Full-year organic net sales +10% to $20.1B; adjusted diluted EPS $4.30, up 10% in constant currency.
Director David M. Cordani not standing for reelection at General Mills' 2023 annual meeting
David M. Cordani informed General Mills on May 1, 2023, he will not stand for reelection.
General Mills issues €750M 3.907% Notes due 2029
€750 million aggregate principal of 3.907% Notes due 2029 issued.
General Mills issues $1B of 4.950% Notes due 2033
Agreed to sell $1,000,000,000 aggregate principal amount of 4.950% Notes due 2033.
General Mills Q3 net sales +13% to $5.1B; adjusted EPS +17% cc; raises FY outlook
Net sales $5.1B (+13% reported, +16% organic); GAAP EPS $0.92 (-15%); adjusted EPS $0.97 (+17% constant currency).
General Mills Q2 net sales $5.2B (+4%), organic +11%; raises FY23 outlook
Diluted EPS $1.01 (+4%); adjusted diluted EPS $1.10, up 12% in constant currency.
General Mills issues $500M of 5.241% Notes due 2025
Sold $500M aggregate principal of 5.241% Notes due 2025 at closing on Nov. 18, 2022.
General Mills shareholders approve 2022 Stock Compensation Plan authorizing 35M shares
2022 Stock Plan approved with 410.1M for, 17.8M against, 2.3M abstain.
General Mills Q1 net sales $4.7B (+4% reported, +10% organic); raises full-year outlook
Diluted EPS of $1.35 (+32%); adjusted diluted EPS $1.11 (+13% constant currency).
General Mills appoints C. Kim Goodwin to Board of Directors effective June 27, 2022
C. Kim Goodwin appointed to General Mills board, effective June 27, 2022; board size now 12.
Q4 net sales $4.9B (+8%), organic +13%; adj diluted EPS $1.12 (+23% constant currency).
General Mills Q3 EPS $1.08 (+13% YoY), organic net sales up 4%, raises FY guidance
Net sales $4.5B flat YoY; organic net sales up 4% (7% price/mix, -4% volume).
General Mills amends exclusive forum by-law to specify Delaware venue
Board amended exclusive forum by-law on January 24, 2022.
General Mills Q2 net sales +6% to $5.0B; EPS down 13% to $0.97; guides FY organic sales +4-5%
Gross margin down 400 bps to 32.5%; adjusted gross margin down 330 bps to 32.2% on inflation and supply chain costs.
On May 5, 2026, the Board of Directors (the “Board”) of General Mills, Inc. (the “Company”) elected Dana M. McNabb Chief Operating Officer of the Company effective June 1, 2026.
The Board also elected Ms. McNabb to the Company’s Board effective June 1, 2026.
On May 4, 2026, after more than twenty years of service, Steve Odland informed the Company that he has decided not to stand for reelection to the Board of Directors at the Company’s 2026 Annual Meeting of Shareholders in September.
On May 19, 2025, General Mills, Inc. announced the appointment of Dana M. McNabb as Group President, North America Retail and North America Pet, effective June 1, 2025.
On March 5, 2025, General Mills, Inc. (the “Company”) announced that Jonathan J. Nudi, Group President, North America Pet, International, and North America Foodservice, will retire from the Company effective June 30, 2025.
On January 30, 2025, C. Kim Goodwin informed the Company that she has decided not to stand for reelection to the Board of Directors at the Company’s 2025 Annual Meeting of Shareholders in September.
On May 8, 2024, R. Kerry Clark informed the Company that he has decided not to stand for reelection to the Board of Directors at the Company’s 2024 Annual Meeting of Shareholders in September.
These changes include additional responsibilities for Jonathan J. Nudi, who will now also oversee the company’s North America Foodservice business.
On January 29, 2024, Benno O. Dorer and John G. Morikis were appointed to the Board of Directors of General Mills, Inc.
On January 29, 2024, Benno O. Dorer and John G. Morikis were appointed to the Board of Directors of General Mills, Inc.
Dana M. McNabb has been appointed to succeed Mr. Nudi as Group President, North America Retail, effective January 1, 2024.
Jonathan J. Nudi being appointed to a new role as Group President, Pet and International, effective January 1, 2024.
Max materiality 0.85 · Median 0.55 · Most common event earnings