General Mills, Inc. · GIS · Next earnings

General Mills, Inc. reports Wednesday, Sep 23, 2026

GIS reports before market open with consensus EPS at $0.72 and revenue at $4.35B. Last quarter: General Mills Q4 FY26 EPS Beats by 19% as It Pivots to Innovation-Led Growth

Reports Before market open3 days awayDate estimated Consumer Defensive

What the street expects

Consensus for the coming report
Consensus EPS $0.72 Calendar consensus
Consensus revenue $4.35B Calendar consensus
Report date Sep 23, 2026 Wednesday, date estimated
Session Before market open 3 days away

Where GIS left off: FY2026 Q4

Full report

General Mills Q4 FY26 EPS Beats by 19% as It Pivots to Innovation-Led Growth

EPS surprise +19.2% Reported $0.95 vs $0.80
Revenue surprise +0.5% Reported $4.61B vs $4.59B
Stock move +8.5% Event window
Subsequent drift -3.6% Up to 20 sessions

Guidance sentiment maintained from the prior quarter. New FY27 framework introduces a $750M cost-savings target as the first installment of a $3B four-year program. Management continues to expect a pressured consumer but anticipates improved price mix and household penetration trends to support growth.

What to watch on the call

Carried forward from the last transcript

Risks management flagged

  • Continued consumer pressure leading to higher promotion sensitivity
  • Inventory headwinds and channel mix shifts (e-commerce vs. traditional retail)
  • Execution risk on new product launches and turnaround of Totino's and Wilderness
  • Inflationary pressure on commodity and fuel costs
  • Potential share erosion to private-label and emerging small brands

Questions analysts left open

  • Guidance guardrails for organic sales and volume vs. dollar share
  • Details of the $3B cost-savings plan and timing of benefits
  • Impact of inflation assumptions and fuel cost hedges on margins
  • Inventory volatility and its effect on organic sales vs. retail sell-through
  • Share loss to private-label and small insurgent brands

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Recent GIS quarters

All GIS earnings
+8.5%FY2026 Q4

Sources

  1. FN2 corporate events calendar, resolved from the earnings calendar feed
  2. FN2 earnings calendar analyst consensus
  3. Earnings call transcript analysis, FY2026 Q4

Methodology

The report date comes from FN2's resolved corporate-events calendar and is marked estimated until the company confirms it. Consensus figures are the calendar's latest analyst estimates for the fiscal period and are not an FN2 forecast.

Risks and open questions are carried forward verbatim from FN2's structured analysis of the previous earnings call. Missing values stay missing and are never estimated.

By FN2 Research · Updated . For educational purposes only; not investment advice.