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 | Karen Wilson Thissen General Counsel, Secretary | Kofi A. Bruce Chief Financial Officer |
Ricardo Fernandez Segment President, International | Dana M. Mcnabb Group President - North America Retail | Jonathan J. Nudi Group President - Pet, International and North America Foodservice |
Pankaj Sharma Segment President, North America Foodservice | Jacqueline R. Williams-Roll Chief Human Resource Officer | Jaime Montemayor Chief Digital and Technology Officer | Mark A. Pallot Chief Accounting Officer, Vice President |
Business Overview |
General Mills, Inc. is a global manufacturer and marketer of branded consumer foods with more than 100 brands in 100 countries across six continents. The Company's segments include North America Retail, International, North America 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 consists of retail and foodservice businesses outside of the United States and Canada. The North America Pet segment includes pet food products sold primarily 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 consists of foodservice businesses in the United States and Canada. |
Financial Overview |
For the 13 weeks ended 25 August 2024, General Mills Inc revenues decreased 1% to $4.85B. Net income decreased 14% to $579.9M. Revenues reflect North America Retail segment decrease of 2% to $3.02B, Pet segment decrease of 1% to $576.1M, Retail Sales NA Retail decrease of 2% to $3.02B. Net income also reflects North America Retail segment income decrease of 7% to $745.7M, Corporate/Other segment loss increase of 42% to $126M. |
Employees: | 34,000 as of May 26, 2024 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $49,620M as of Aug 25, 2024 |
Annual revenue (TTM): | $19,801M as of Aug 25, 2024 |
EBITDA (TTM): | $4,074M as of Aug 25, 2024 |
Net annual income (TTM): | $2,403M as of Aug 25, 2024 |
Free cash flow (TTM): | $1,423M as of Aug 25, 2024 |
Net Debt Last Fiscal Year: | $12,852M as of Aug 25, 2024 |
Shares outstanding: | 555,158,898 as of Sep 11, 2024 |
Index Membership: | S&P 500 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |