General Mills (GIS) Tops Q2 EPS by 8c, Beats on Revenue; Offers Guidance

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General Mills Reports Fiscal 2026 Second-quarter Results and Reaffirms Full-year Outlook

December 17, 2025 7:00 AM EST

As expected, second-quarter and six-month results included significant impacts from investments to improve brand remarkability, the North American yogurt divestitures, and an unfavorable trade expense timing comparison Net sales of $4.9 billion were down 7 percent, including a 6-point headwind from the net impact of divestitures and acquisitions; organic net sales1 were down 1 percent Operating profit of $728 million was down 32 percent; adjusted operating profit of $848 million was down 20 percent in constant currency Diluted earnings per share (EPS) of $0.78 were down 45 percent; adjusted diluted EPS of $1.10 was down 21 percent in constant... More