
General Mills Reports 7% Sales Decline Amid Yogurt Divestiture and Pet Acquisition Push
General Mills, Inc.Description
What this story covers
General Mills' Q2 10-Q shows 7% net sales drop to $4.85B from divestitures, with organic down 1%. Operating profit fell 32%, but six-month gains from $1B yogurt sale boosted EPS 22%. Segments mixed: retail soft, international up 6%, pet growing via Whitebridge. Priorities focus on pet innovation, efficiencies, and reinvestments amid economic pressures. Liquidity strong with $1.2B operating cash.
Story snapshot
CompanyGeneral Mills, Inc.
TickerGIS
VariantStandard detailed
Duration15:29
Filing type10-Q
PeriodQ2 2025
IndustryConsumer Goods
Accession0001628280-25-057598
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