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

- Company: GENERAL MILLS, INC. (GIS)
- Period: 2026-06-01 to 2026-08-30
- Filing: Q1 FY2027 10-Q, filed 2026-09-23, accession number 0001628280-26-063201
- Page: https://plicit.ai/financials/gis/fy2027-q1-income-statement
- Chart image: https://plicit.ai/charts/gis-fy2027-q1-income-statement-sankey.png

## Chart details: Revenue by Product and Service

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.

## Chart details: Revenue by Business Segment

- Page: https://plicit.ai/financials/gis/fy2027-q1-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/gis-fy2027-q1-revenue-by-business-segment-sankey.png

Income statement for 2026-06-01 through 2026-08-30. View: Business segment. 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
- **North America Retail**: 2,451,800,000 US dollars
- **International**: 794,300,000 US dollars
- **North America Pet**: 612,800,000 US dollars
- **North America Foodservice**: 523,100,000 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
- **Revenue before reconciliation (calculated)**: 4,382,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- **Corporate and Joint Ventures**: 7,500,000 US dollars. Reported reconciliation to consolidated revenue.
- **After-tax earnings from joint ventures**: 18,900,000 US dollars. Reported below-tax contribution to net income.
- **North America Retail costs (calculated)**: 1,973,200,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **International costs (calculated)**: 719,100,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **North America Pet costs (calculated)**: 513,300,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **North America Foodservice costs (calculated)**: 443,700,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Reconciling items (calculated)**: 106,600,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.

### 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.
- Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.
- Of which attributable to GENERAL MILLS, INC.: $397.00 M; to noncontrolling interests: $1.10 M.