- General Mills reported net sales of $4.86 billion for the second quarter, surpassing estimates of $4.79 billion, despite a year-over-year decline of 7.2%.
- North America Retail net sales were $2.88 billion, slightly higher than the $2.85 billion forecast, but down 13% compared to the previous year.
- The North America Foodservice segment recorded net sales of $581.8 million, exceeding the $578.7 million estimate, while experiencing a yearly decrease of 7.7%.
- International net sales showed growth, reaching $728.9 million, up 5.5% from the previous year, and beating the expectation of $703.4 million.
- The adjusted earnings per share (EPS) stood at $1.10, below last year’s $1.40, but above the anticipated $1.03.
- Organic net sales saw a slight decrease of 1%, better than the projected decline of 2.53%.
- North America Retail experienced a 3% drop in organic net sales, performing better than the estimated 4.35% decrease.
- International sector organic net sales grew by 4%, outperforming the expected 0.4% decline.
- Overall organic sales volume remained flat without any point change, improving on the forecasted drop of 0.59 points.
- In the North America Retail sector, organic sales volume increased by 1 point, contrary to an expected decline of 0.46 points.
- North America Foodservice saw a reduction in organic sales volume by 2 points.
- International organic sales volume advanced by 4 points, significantly better than the estimated decrease of 1.21 points.
- Organic sales price/mix decreased by 2 points, close to the forecasted 2.14 points reduction.
- North America Retail sector’s organic sales price/mix fell by 4 points, slightly more than the expected 3.8 points drop.
- North America Foodservice sector posted a 1-point increase in organic sales price/mix, surpassing the estimated reduction of 0.21 points.
- Analyst recommendations include 5 buys, 15 holds, and 4 sells for General Mills.
General Mills on Smartkarma
Analysts on Smartkarma are closely following General Mills, with Baptista Research providing insightful coverage. In their report titled “General Mills’ Pet Food Push: Could BLUE & Tiki Cat Spark a Growth Explosion?”, the analysts discuss the company’s first-quarter fiscal 2026 results. They highlight a mix of strategic moves and financial performance, noting the impact of recent changes such as the divestiture of the Yoplait business and the acquisition of Whitebridge. CEO Jeff Harmening’s focus on returning to profitable organic growth to boost shareholder value is a key takeaway from the analysis.
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 consumer foods manufacturer, is positioned for a stable long-term outlook based on its Smartkarma Smart Scores. With a top-notch rating of 5 in the dividend category, General Mills demonstrates a strong commitment to rewarding its investors. This, coupled with above-average scores in value, resilience, growth, and momentum, suggests a well-rounded performance across various key factors.
General Mills‘ consistent dividend score of 5 underscores its status as a reliable income-generating investment. While the company’s growth, value, resilience, and momentum scores of 3 each indicate a solid foundation for long-term performance. Investors may find General Mills an attractive option for a steady and balanced investment portfolio, considering its overall positive prospects based on the Smartkarma Smart Scores.
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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