Filing Flows › General Mills (GIS) › Q1 FY27 › vs Q4 FY26
General Mills (GIS) Q1 FY27 vs Q4 FY26 (quarter over quarter)
General Mills's revenue fell $220M (-5%) from $4.6B in Q4 FY26 to $4.4B in Q1 FY27. The biggest changes: Pet −$95.4M (-13%); Snacks −$76.0M (-7%); Dough −$25.0M (-5%). Operating margin 14.4% against -45.4% (+59.8 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 Q4 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q4 FY26 | Change | |
|---|---|---|---|
| Operating margin | 14.4% | -45.4% | +59.8 pts |
| Net margin | 9.1% | -43.6% | +52.7 pts |
| Free cash flow margin | 4.7% | 8.0% | -3.3 pts |
Every line
| Line | Q1 FY27 | Q4 FY26 | Change | % |
|---|---|---|---|---|
| Snacks | $1.0B | $1.1B | −$76.0M | -7% |
| Cereal | $756M | $769M | −$12.7M | -2% |
| Pet | $651M | $747M | −$95.4M | -13% |
| Convenient meals | $647M | $663M | −$16.2M | -2% |
| Dough | $516M | $541M | −$25.0M | -5% |
| Baking mixes and ingredients | $469M | $446M | $23.0M | +5% |
| Super-premium ice cream | $232M | $238M | −$6.2M | -3% |
| Other | $86.5M | $98.1M | −$11.6M | -12% |
| Revenue | $4.4B | $4.6B | −$220M | -5% |
| Operating profit | $634M | −$2.1B | $2.7B | — |
| Pre-tax earnings | $521M | −$2.2B | $2.8B | — |
| Other expense, net | $113M | $157M | −$44.2M | -28% |
| SG&A | $832M | $888M | −$55.9M | -6% |
| Other operating costs | $21.4M | $2.8B | −$2.8B | -99% |
| Net earnings | $398M | −$2.0B | $2.4B | — |
| Income tax | $123M | −$240M | $363M | — |
| Depreciation & amortization | $140M | $139M | $700K | +0.5% |
| Share-based compensation | $21.8M | $13.8M | $8.0M | +58% |
| Working capital & other | $262M | −$2.4B | $2.7B | — |
| Operating cash flow | $298M | $552M | −$254M | -46% |
| Free cash flow (OCF − capex) | $207M | $368M | −$160M | -44% |
| Capital expenditures | $90.5M | $184M | −$93.9M | -51% |
Questions
How much did General Mills's revenue grow quarter over quarter in Q1 FY27?
General Mills's revenue fell $220M (-5%) from $4.6B in Q4 FY26 to $4.4B in Q1 FY27.
What drove General Mills's revenue change in Q1 FY27?
Pet −$95.4M (-13%); Snacks −$76.0M (-7%); Dough −$25.0M (-5%).