Earnings Per Share (GAAP) DILUTED
$0.56
Revenue
$4.4B
General Mills reported its third-quarter results for the period ended February 22, 2026. The company reaffirmed its full-year fiscal 2026 outlook and is currently investing in its brands to restore volume-driven organic net sales growth.
General Mills posted quarterly net sales of $4.4 billion, representing an 8 percent decrease. Diluted earnings per share (EPS) dropped 50 percent to $0.56.
Operating profit declined 41 percent to $525 million, primarily driven by lower gross profit dollars. Furthermore, the company’s gross margin fell 310 basis points to 30.8 percent of net sales.
What to Watch: Q4 fiscal 2026 results will test management’s promise of a “significant step-up” in financial performance as pricing investments fully lap and innovation initiatives gain traction in North America Retail dollar share.
This article was generated using AlphaStreet’s proprietary financial analysis technology and reviewed by our editorial team.