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 | Mark A. Pallot Chief Accounting Officer, Vice President | Kofi A. Bruce Chief Financial Officer |
Jon J. Nudi Group President - North America Retail | Shawn P. O'Grady Group President - North America Foodservice | Bethany C. Quam Group President - Pet |
Sean N. Walker Group President - International | Jacqueline R. Williams-Roll Chief Human Resource Officer | Jodi Benson Chief Innovation, Technology and Quality Officer | Jaime Montemayor Chief Digital and Technology Officer |
Business Overview |
General Mills, Inc. is a global 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 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 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 26 weeks ended 27 November 2022, General Mills, Inc. revenues increased 4% to $9.94B. Net income increased 16% to $1.43B. Revenues reflect North America Retail segment increase of 11% to $6.36B, North America Foodservice segment increase of 22% to $1.08B, Retail Sales NA Retail increase of 13% to $6.36B. Net income benefited from North America Retail segment income increase of 22% to $1.61B. |
Employees: | 32,500 as of May 29, 2022 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $55,600M as of Nov 27, 2022 |
Annual revenue (TTM): | $19,367M as of Nov 27, 2022 |
EBITDA (TTM): | $3,703M as of Nov 27, 2022 |
Net annual income (TTM): | $2,909M as of Nov 27, 2022 |
Free cash flow (TTM): | $1,179M as of Nov 27, 2022 |
Net Debt Last Fiscal Year: | $11,096M as of Nov 27, 2022 |
Shares outstanding: | 589,610,717 as of Dec 13, 2022 |
Index Membership: | S&P 500 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |