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GENERAL MILLS, INC. FY 2026 10-K, explained in plain English

GIS · 10-K for the period ending May 31, 2026, filed July 1, 2026 · Read the original on SEC.gov →

Key financials — as reported

Total revenue$4.6B
Gross margin34.8%
Operating income$885.8M
Net income−$2.0B
Diluted EPS−$3.74
Cash & equivalents$453.8M
Total assets$30.0B
Long-term debt$13.5B

Key takeaway

Fiscal 2026 net sales fell 5% to $18.4 billion, with organic net sales down 2%, driven by weaker volume amid a challenging consumer and competitive backdrop.

🔒 4 more takeaways in the full analysis

Beneath the surface

The headline net loss of -$2,007.9 million and EPS of -$3.74 sharply diverge from the filing's own stated net loss attributable to General Mills of $(87.6) million and diluted loss per share of $(0.16), suggesting the headline figures may include additional non-controlling or unusual adjustments not detailed in the narrative excerpt.

🔒 4 more insights a headline reader would miss

This is the free preview. The full analysis explains every line item above and includes 8 more findings — plus insider trades, activist stakes, and 8-K events for GIS.

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