General Mills, Inc. · GIS · Next earnings

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

GIS reports before market open with consensus EPS at $0.96 and revenue at $4.71B. Last quarter: General Mills leans on mix, innovation and e-commerce amid pressure

Reports Before market open48 days awayDate estimated Consumer Defensive

What the street expects

Consensus for the coming report
Consensus EPS $0.96 Calendar consensus
Consensus revenue $4.71B Calendar consensus
Report date Dec 23, 2026 Wednesday, date estimated
Session Before market open 48 days away

Where GIS left off: FY2027 Q1

Full report

General Mills leans on mix, innovation and e-commerce amid pressure

EPS surprise +4.6% Reported $0.75 vs $0.72
Revenue surprise +0.9% Reported $4.39B vs $4.35B
Stock move +1.0% Event window
Subsequent drift 0.0% Up to 20 sessions

Management’s guidance stance was maintained. The main change is emphasis: pricing is shifting toward mix and pack architecture, while innovation, e-commerce and cost actions support execution.

What to watch on the call

Carried forward from the last transcript

Risks management flagged

  • Higher input-cost inflation could pressure margins.
  • Retail inventory headwinds may persist.
  • Dry dog food weakness could weigh on the pet segment.
  • Competition remains intense in fruit snacks and other categories.
  • Consumer sensitivity may limit pricing flexibility.

Questions analysts left open

  • Inflation and margin trajectory
  • Inventory headwinds through the year
  • Dry-dog decline and the Wilderness turnaround
  • Pricing expectations for the rest of the year
  • Leverage reduction timeline

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Recent GIS quarters

All GIS earnings
+1.0%FY2027 Q1+8.5%FY2026 Q4-3.0%FY2026 Q3+3.4%FY2026 Q2

Sources

  1. FN2 corporate events calendar, resolved from the earnings calendar feed
  2. FN2 earnings calendar analyst consensus
  3. Earnings call transcript analysis, FY2027 Q1

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.