Thu, 18 Sep 2025 12:00:06 GMT
General Mills earnings report
General Mills reported its first-quarter results for fiscal 2026, showing mixed performance. Sales fell 7% to $4.5 billion, partly due to selling its U.S. yogurt business. Organic sales, which exclude one-time events, were down 3%. The company made a $1.05 billion gain from the yogurt sale, which helped push total operating profit up 108% to $1.7 billion. However, adjusted operating