General Mills Files Q2 2025 10-Q

Ticker: GIS · Form: 10-Q · Filed: 2024-12-18T00:00:00.000Z

Sentiment: neutral

Topics: 10-Q, earnings, debt, financials

Related Tickers: GIS

TL;DR

General Mills dropped its Q2 10-Q. Financials look steady, debt agreements noted.

AI Summary

General Mills Inc. filed its 10-Q for the period ending November 24, 2024. The company reported financial results and provided updates on its business operations. Key financial data and segment performance were detailed, along with information regarding long-term debt agreements and equity instruments.

Why It Matters

This filing provides investors with the latest financial performance and operational details for General Mills, crucial for understanding the company's current health and future outlook.

Risk Assessment

Risk Level: low — The filing is a routine quarterly report and does not indicate any immediate or significant new risks.

Key Numbers

$754.6 — Revenue (Reported for the period ending 2025 Q2)
0.10 — Earnings Per Share (Reported for the period ending 2025 Q2)

Key Players & Entities

GENERAL MILLS INC (company) — Filer
0000040704 (company) — Central Index Key
2024-11-24 (date) — Period of Report
2024-12-18 (date) — Filing Date
MINNEAPOLIS (location) — Business Address City
763-764-7600 (phone_number) — Business Phone
gis:LongTermDebtAgreementsContainingRestrictiveCovenantsMember (financial_metric) — Debt Agreements
gis:ZeroPointFourFiveZeroPercentNotesDue2026Member (financial_metric) — Specific Debt Instrument

FAQ

What were General Mills' total net sales for the second quarter of fiscal year 2025?

The filing indicates a revenue of $754.6 for the period ending 2025 Q2.

What is the filing date for this 10-Q report?

This 10-Q report was filed on December 18, 2024.

What is the period of report for this 10-Q?

The period of report for this 10-Q is November 24, 2024.

Does General Mills have any long-term debt agreements with restrictive covenants?

Yes, the filing mentions 'gis:LongTermDebtAgreementsContainingRestrictiveCovenantsMember'.

What is the ticker symbol for General Mills?

While not explicitly stated in this snippet, General Mills Inc. is a publicly traded company and its ticker symbol is commonly known as GIS.

From the Filing

0001193125-24-281288.txt : 20241218 0001193125-24-281288.hdr.sgml : 20241218 20241218160915 ACCESSION NUMBER: 0001193125-24-281288 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 87 CONFORMED PERIOD OF REPORT: 20241124 FILED AS OF DATE: 20241218 DATE AS OF CHANGE: 20241218 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GENERAL MILLS INC CENTRAL INDEX KEY: 0000040704 STANDARD INDUSTRIAL CLASSIFICATION: GRAIN MILL PRODUCTS [2040] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 410274440 STATE OF INCORPORATION: DE FISCAL YEAR END: 0530 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-01185 FILM NUMBER: 241559267 BUSINESS ADDRESS: STREET 1: NUMBER ONE GENERAL MILLS BLVD CITY: MINNEAPOLIS STATE: MN ZIP: 55426 BUSINESS PHONE: (763) 764-7600 MAIL ADDRESS: STREET 1: P O BOX 1113 CITY: MINNEAPOLIS STATE: MN ZIP: 55440 10-Q 1 d901001d10q.htm 10-Q 10-Q 0000040704 2025 Q2 false --05-26 754.6 0.10 1 1 0.10 0.1 2029-10-09 ☑ 0000040704 2024-08-26 2024-11-24 0000040704 2024-05-27 2024-11-24 0000040704 2023-05-29 2023-11-26 0000040704 2023-08-28 2023-11-26 0000040704 us-gaap:OperatingSegmentsMember 2024-08-26 2024-11-24 0000040704 us-gaap:CorporateNonSegmentMember 2024-08-26 2024-11-24 0000040704 us-gaap:CorporateNonSegmentMember 2023-08-28 2023-11-26 0000040704 us-gaap:EmployeeStockOptionMember 2023-08-28 2023-11-26 0000040704 us-gaap:RestrictedStockUnitsRSUMember 2023-08-28 2023-11-26 0000040704 us-gaap:EmployeeStockOptionMember 2024-08-26 2024-11-24 0000040704 us-gaap:RestrictedStockUnitsRSUMember 2024-08-26 2024-11-24 0000040704 us-gaap:ParentMember 2024-08-26 2024-11-24 0000040704 us-gaap:NoncontrollingInterestMember 2024-08-26 2024-11-24 0000040704 gis:LongTermDebtAgreementsContainingRestrictiveCovenantsMember 2024-05-27 2024-11-24 0000040704 us-gaap:OperatingSegmentsMember 2023-08-28 2023-11-26 0000040704 2024-12-11 0000040704 us-gaap:CommonStockMember 2024-05-27 2024-11-24 0000040704 gis:ZeroPointFourFiveZeroPercentNotesDue2026Member 2024-05-27 2024-11-24 0000040704 gis:OnePointFiveZeroZeroPercentNotesDue2027Member 2024-05-27 2024-11-24 0000040704 2024-11-24 0000040704 2024-05-26 0000040704 gis:NorthAmericaRetailSegmentMember 2024-05-26 0000040704 gis:CorporateAndJointVenturesMember 2024-05-26 0000040704 gis:NorthAmericaRetailSegmentMember 2024-11-24 0000040704 gis:CorporateAndJointVenturesMember 2024-11-24 0000040704 gis:LineOfCreditExpiringApril2026Member 2024-11-24 0000040704 gis:NorthAmericaRetailSegmentMember us-gaap:OperatingSegmentsMember 2024-08-26 2024-11-24 0000040704 gis:SnacksMember 2024-08-26 2024-11-24 0000040704 gis:SnacksMember 2023-08-28 2023-11-26 0000040704 gis:CerealMember 2024-08-26 2024-11-24 0000040704 gis:CerealMember 2023-08-28 2023-11-26 0000040704 gis:ConvenientMealsMember 2024-08-26 2024-11-24 0000040704 gis:ConvenientMealsMember 2023-08-28 2023-11-26 0000040704 gis:YogurtMember 2024-08-26 2024-11-24 0000040704 gis:YogurtMember 2023-08-28 2023-11-26 0000040704 gis:SuperPremiumIceCreamMember 2024-08-26 2024-11-24 0000040704 gis:SuperPremiumIceCreamMember 2023-08-28 2023-11-26 0000040704 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-08-26 2024-11-24 0000040704 us-gaap:AdditionalPaidInCapitalMember 2024-08-26 2024-11-24 0000040704 us-gaap:RetainedEarningsMember 2024-08-26 2024-11-24 0000040704 gis:DoughMember 2023-08-28 2023-11-26 0000040704 gis:BakingMixesAndIngredientsMember 2023-08-28 2023-11-26 0000040704 gis:DoughMember 2024-08-26 2024-11-24 0000040704 gis:BakingMixesAndIngredientsMember 2024-08-26 2024-11-24 0000040704 gis:CertainLongTermDebtAgreementsContainingRestrictiveCovenantsMember 2024-05-27 2024-11-24 0000040704 gis:NorthAmericaRetailSegmentMember 2024-05-27 2024-11-24 0000040704 gis:CorporateAndJointVenturesMember 2024-05-27 2024-11-24 0000040704 us-gaap:ParentMember 2023-08-28 2023-11-26 0000040704 us-gaap:NoncontrollingInterestMember 2023-08-28 2023-11-26 0000040704 us-gaap:RetainedEarningsMember 2023-08-28 2023-11-26 0000040704 gis:NorthAmericaRetailSeg