- General Mills‘ adjusted earnings per share (EPS) for the first quarter was $0.86, exceeding the estimate of $0.82 but lower than the previous year’s $1.07.
- The adjusted gross margin was 34.2%, slightly below the previous year’s 35.4% but above the estimate of 33.4%.
- Net sales for the quarter were $4.52 billion, matching the estimate but representing a decrease of 6.8% from the previous year.
- North America Retail net sales came in at $2.63 billion, down 13% year-over-year, narrowly missing the estimate of $2.65 billion.
- North America Foodservice net sales were $516.7 million, a 3.6% decrease year-over-year, aligning closely with the estimate of $516.1 million.
- International net sales rose to $760.2 million, a 6% increase from the previous year, surpassing the estimate of $736.3 million.
- Organic net sales declined by 3%, slightly more than the estimated 2.89% decrease.
- North America Retail organic net sales fell by 5%, more than the estimated decline of 4.81%.
- There was a positive 1% change in North America Foodservice organic net sales, beating the estimate of 0.22%.
- International organic net sales increased by 4%, exceeding the expected 2.41% growth.
- Organic sales volume decreased by 1 percentage point, matching estimates.
- North America Retail organic sales volume also decreased by 1 percentage point, in line with estimates.
- North America Foodservice organic sales volume increased by 1 percentage point.
- International organic sales volume decreased by 2 percentage points, near the estimate of a 2.6-point decline.
- Organic sales price/mix decreased by 2 percentage points, compared to an estimate of a 1.83-point decline.
- North America Retail organic sales price/mix decreased by 4 percentage points, slightly above the estimated 3.69-point decline.
- International organic sales price/mix rose by a robust 6 percentage points, outpacing the estimated increase of 3.46 percentage points.
- The company anticipates that growth investments, input cost inflation, and normalizing corporate expenses will offset expected savings from various efficiency measures.
- The net impact of business divestitures, acquisitions, currency exchange fluctuations, and a 53rd week in fiscal 2026 is expected to reduce full-year net sales growth by approximately 4%.
- Analyst ratings include 5 buys, 15 holds, and 4 sells for General Mills.
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General Mills on Smartkarma
Analysts on Smartkarma are closely following General Mills, as outlined in a recent report by Baptista Research. Titled “General Mills: How Are They Adapting To The Changing Consumer Preferences?”, the report delves into the company’s latest earnings call for Q3 of fiscal 2025. Highlighting key areas affecting financial performance and future strategies, General Mills is focusing on ramping up organic growth in preparation for fiscal 2026. The company has also disclosed plans for at least 5% savings through holistic margin management (HMM) and an additional $100 million in cost-cutting measures to drive reinvestment.
A look at General Mills Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
General Mills, Inc., a global manufacturer and marketer of consumer foods, has garnered a mix of scores in the Smartkarma Smart Scores assessment. With a strong emphasis on dividends, the company boasts a top score of 5 in this category, indicating a stable and reliable payout to investors. While showing moderate performance in value, growth, resilience, and momentum, each scoring a 3, General Mills seems to balance various aspects of its business model for long-term sustainability.
Overall, General Mills appears to position itself as a steady player in the consumer foods market, focusing on consistent dividend payouts to investors. While showing room for improvement in certain areas such as growth and momentum, the company’s resilience score suggests a stable foundation. With an emphasis on branded consumer foods and supplying products to various industries, General Mills aims to maintain its market presence through a balanced approach to key performance factors.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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