GENERAL MILLS, INC. FY 2026 10-K, explained in plain English
Key financials — as reported
| Total revenue | $4.6B |
| Gross margin | 34.8% |
| 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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