General Mills, Inc. (GIS)

General Mills' stock price has experienced a significant decline over the past year, decreasing by 30.80% over the last 12 months and -20.46% year-to-date as of October 3, 2025. Recent events impacting the stock include a mixed fiscal 2026 first-quarter earnings report, where the company surpassed profit estimates but fell short on revenue and organic sales expectations. In response, General Mills reaffirmed its full-year outlook for fiscal 2026, with a primary goal to restore organic sales growth through investments in value, innovation, and product news. Additionally, on October 1, 2025, General Mills announced a supply chain restructuring strategy, involving the closure of facilities and anticipating restructuring expenses of approximately $82 million.

Demand for General Mills' offerings is generally considered stable due to its production of consumer staple products. The company has demonstrated resilience during inflationary periods, successfully implementing price increases and benefiting from sustained consumer demand. However, recent performance indicates some demand headwinds, with sales volumes dropping 8% year-on-year in Q3 2026. Analysts anticipate a revenue decline of 2.8% over the next 12 months, reflecting these expected demand pressures.

General Mills, Inc. is a global packaged-food company that manufactures and markets branded consumer foods worldwide, operating in the Consumer Defensive sector within the Packaged Foods industry. The company's business includes a wide array of food products sold through various channels, with major product categories such as snacks, cereal, convenient meals, and pet food. General Mills has a portfolio of over 100 recognizable brands, including Nature Valley, Cheerios, and Old El Paso. The company organizes its operations into four core segments: North America Retail, International, Pet, and North America Foodservice.

General Mills operates globally, serving customers in over 100 countries, with 81% of its revenue derived from the United States in fiscal 2025. The company also maintains significant operations in Canada, Europe, Australia, Asia, and Latin America. Its geographic operations are broadly categorized into two regions: United States and Non-United States.

General Mills has maintained a strong brand reputation in the past year. In September 2025, TIME recognized General Mills as one of the World's Best Companies 2025. General Mills Canada partnered with Canada Soccer in October 2025 to promote community and pride through soccer.

General Mills is predominantly owned by institutional shareholders, who hold 83.71% of the company's stock. Retail investors own 14.56%, while General Mills insiders hold 1.73%. The largest institutional owner is Vanguard Group Inc., holding 13.00% of the company's shares.