General Mills Q4 EPS Jumps 27% to $0.95, Revenue $4.61B
GIS•General Mills posted Q4 EPS of $0.95, up 27% year-over-year, topping consensus by $0.15 while generating revenue of $4.61 billion. The company maintained flat organic sales and announced a plan to secure $3 billion in cost savings by fiscal 2030 under its 2027 innovation strategy.
1. Q4 Financial Results
General Mills reported fourth-quarter earnings per share of $0.95, exceeding the $0.80 estimate and marking a 27% year-over-year gain. Quarterly revenue reached $4.61 billion, narrowly above forecasts and representing a 1% increase from the prior year.
2. Organic Sales Performance and Balance Sheet
Net sales growth was driven by pricing actions, but organic sales remained flat year-over-year as volume gains offset mix pressures. The balance sheet shows a debt-to-equity ratio of 1.84 and a current ratio of 0.68, indicating elevated leverage and liquidity constraints.
3. Fiscal 2027 Strategy and Cost Savings
Management pivoted from pricing to innovation, forecasting organic sales to range from a 1.5% decline to 0.5% growth in fiscal 2027. To bolster competitiveness and margins, the company unveiled a plan to achieve $3 billion in cost savings by fiscal 2030.
