Filing Flows › General Mills (GIS) › Q1 FY27 › vs Q1 FY26
General Mills (GIS) Q1 FY27 vs Q1 FY26 (year over year)
General Mills's revenue fell $128M (-3%) from $4.5B in Q1 FY26 to $4.4B in Q1 FY27. The biggest changes: Other −$33.8M (-28%); Baking mixes and ingredients +$21.0M (+5%); Snacks −$17.4M (-2%). Operating margin 14.4% against 38.2% (-23.8 pts).
General Mills, Q1 FY27: revenue $4.4B (-3% year over year), operating margin 14.4%, net earnings $398M, operating cash flow $298M. The chart draws each line against Q1 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q1 FY26 | Change | |
|---|---|---|---|
| Operating margin | 14.4% | 38.2% | -23.8 pts |
| Net margin | 9.1% | 26.7% | -17.6 pts |
| Free cash flow margin | 4.7% | 6.4% | -1.6 pts |
Every line
| Line | Q1 FY27 | Q1 FY26 | Change | % |
|---|---|---|---|---|
| Snacks | $1.0B | $1.0B | −$17.4M | -2% |
| Cereal | $756M | $767M | −$11.3M | -1% |
| Pet | $651M | $643M | $8.2M | +1% |
| Convenient meals | $647M | $651M | −$4.2M | -0.6% |
| Dough | $516M | $515M | $1.3M | +0.3% |
| Baking mixes and ingredients | $469M | $448M | $21.0M | +5% |
| Super-premium ice cream | $232M | $221M | $10.2M | +5% |
| Other | $86.5M | $120M | −$33.8M | -28% |
| Revenue | $4.4B | $4.5B | −$128M | -3% |
| Operating profit | $634M | $1.7B | −$1.1B | -63% |
| Pre-tax earnings | $521M | $1.6B | −$1.1B | -68% |
| Other expense, net | $113M | $111M | $1.8M | +2% |
| Net earnings | $398M | $1.2B | −$806M | -67% |
| Income tax | $123M | $411M | −$288M | -70% |
| Depreciation & amortization | $140M | $139M | $1.1M | +0.8% |
| Share-based compensation | $21.8M | $15.1M | $6.7M | +44% |
| Working capital & other | $262M | $961M | −$699M | -73% |
| Operating cash flow | $298M | $397M | −$99.2M | -25% |
| Free cash flow (OCF − capex) | $207M | $288M | −$80.2M | -28% |
| Capital expenditures | $90.5M | $110M | −$19.0M | -17% |
Questions
How much did General Mills's revenue grow year over year in Q1 FY27?
General Mills's revenue fell $128M (-3%) from $4.5B in Q1 FY26 to $4.4B in Q1 FY27.
What drove General Mills's revenue change in Q1 FY27?
Other −$33.8M (-28%); Baking mixes and ingredients +$21.0M (+5%); Snacks −$17.4M (-2%).