Sector: Consumer Non-Cyclicals | Industry: Food Processing |
See Regulatory Filings on SEC |
Company Contact | |
Address: | Number One General Mills Blvd MINNEAPOLIS MN 55426 |
Tel: | 1-763-7642301 |
Website: | https://www.generalmills.com |
IR: | See website |
Key People | ||
Jeffrey L. Harmening Chairman of the Board, Chief Executive Officer | Paul J. Gallagher Chief Supply Chain Officer | Kofi A. Bruce Chief Financial Officer |
Dana M. Mcnabb Group President - North America Retail | Jonathan J. Nudi Group President - Pet, International and North America Foodservice | Bethany C. Quam President, U.S. Morning Foods |
Jacqueline R. Williams-Roll Chief Human Resource Officer | Jaime Montemayor Chief Digital and Technology Officer | Mark A. Pallot Chief Accounting Officer, Vice President | Karen Wilson Thissen General Counsel, Secretary |
Business Overview |
General Mills, Inc. is a manufacturer and marketer of branded consumer foods. The Company operates through four segments: North America Retail, International, Pet, and North America Foodservice. The North America Retail segment reflects business with a variety of grocery stores, mass merchandisers, membership stores, natural food chains, drug, dollar and discount chains, convenience stores, and e-commerce grocery providers. The International segment reflects retail and foodservice businesses outside of the United States and Canada. The Pet segment includes pet food products sold in the United States and Canada in national pet superstore chains, e-commerce retailers, grocery stores, regional pet store chains, mass merchandisers, and veterinary clinics and hospitals. The North America Foodservice segment offers products, such as ready-to-eat cereals, snacks, refrigerated yogurt, frozen meals, unbaked and fully baked frozen dough products, baking mixes, and bakery flour. |
Financial Overview |
For the 39 weeks ended 25 February 2024, General Mills Inc revenues increased 1% to $15.14B. Net income decreased 2% to $1.94B. Revenues reflect International segment increase of 3% to $2.08B, North America Foodservice segment increase of 3% to $1.67B, Retail Sales Pet increase of 43% to $1.77B. Net income was offset by Corporate/Other segment loss increase of 7% to $439M. Dividend per share increased from $1.62 to $1.77. |
Employees: | 34,000 as of May 28, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $51,252M as of Feb 25, 2024 |
Annual revenue (TTM): | $20,173M as of Feb 25, 2024 |
EBITDA (TTM): | $4,179M as of Feb 25, 2024 |
Net annual income (TTM): | $2,554M as of Feb 25, 2024 |
Free cash flow (TTM): | $1,018M as of Feb 25, 2024 |
Net Debt Last Fiscal Year: | $11,925M as of Feb 25, 2024 |
Shares outstanding: | 564,548,763 as of Mar 13, 2024 |
Index Membership: | S&P 500 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |