GENERAL MILLS, INC. (GIS) FY2027 Q1 P&L / Income Statement

GENERAL MILLS, INC. (GIS) FY2027 Q1 P&L / Income Statement

Income statement for 2026-06-01 through 2026-08-30. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Net sales

4,389,500,000 US dollars

Cost of sales

2,902,300,000 US dollars

Gross profit (calculated)

1,487,200,000 US dollars

Operating costs, net of other operating income (calculated)

853,600,000 US dollars

Operating profit

633,600,000 US dollars

Other income (expense), net (calculated)

negative 131,600,000 US dollars

Earnings before income taxes and after-tax earnings from joint ventures

502,000,000 US dollars

Income taxes

122,800,000 US dollars

Net earnings, including earnings (loss) attributable to noncontrolling interests

398,100,000 US dollars

Snacks

1,032,300,000 US dollars

Cereal

755,900,000 US dollars

Pet

651,200,000 US dollars

Convenient meals

646,600,000 US dollars

Dough

516,400,000 US dollars

Baking mixes and ingredients

469,000,000 US dollars

Super-premium ice cream

231,600,000 US dollars

Yogurt

0 US dollars

Other

86,500,000 US dollars

Selling, general, and administrative expenses

832,200,000 US dollars

Restructuring, transformation, impairment, and other exit costs

21,400,000 US dollars

Gain (Loss) on Disposition of Business

0 US dollars

After-tax earnings from joint ventures

18,900,000 US dollars. Reported below-tax contribution to net income.

Chart connections

• Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.
• Of which attributable to GENERAL MILLS, INC.: $397.00 M; to noncontrolling interests: $1.10 M.