General Mills Q3 2025: Sales Up, Net Earnings Dip

Ticker: GIS · Form: 10-Q · Filed: 2025-03-19T00:00:00.000Z

Sentiment: neutral

Topics: earnings, debt, financials

TL;DR

General Mills sales up slightly to $5.46B in Q3 FY25, but net earnings down to $754.6M. Debt at $7.7B.

AI Summary

General Mills Inc. filed its 10-Q for the period ending February 23, 2025. The company reported net sales of $5.46 billion for the first three quarters of fiscal year 2025, a slight increase from the same period last year. Net earnings were $754.6 million, with diluted earnings per share of $0.10. The company also noted its long-term debt stood at $7.7 billion as of February 23, 2025.

Why It Matters

This filing provides insight into General Mills' financial performance, including sales trends and profitability, which can influence investor decisions and market perception of the company.

Risk Assessment

Risk Level: medium — The filing indicates a significant amount of long-term debt ($7.7 billion), which could pose a risk if interest rates rise or the company's earnings decline.

Key Numbers

$5.46B — Net Sales (YTD FY25) (Represents total revenue generated from sales for the first three quarters of fiscal year 2025.)
$754.6M — Net Earnings (YTD FY25) (Indicates the company's profitability after all expenses for the first three quarters of fiscal year 2025.)
$7.7B — Long-Term Debt (Shows the total amount of debt due after one year as of February 23, 2025.)

Key Players & Entities

General Mills Inc. (company) — Filer of the 10-Q
February 23, 2025 (date) — End of reporting period
$5.46 billion (dollar_amount) — Net sales for the first three quarters of fiscal year 2025
$754.6 million (dollar_amount) — Net earnings for the first three quarters of fiscal year 2025
$0.10 (dollar_amount) — Diluted earnings per share for the first three quarters of fiscal year 2025
$7.7 billion (dollar_amount) — Long-term debt as of February 23, 2025

FAQ

What were General Mills' net sales for the first three quarters of fiscal year 2025?

General Mills reported net sales of $5.46 billion for the first three quarters of fiscal year 2025.

What was the company's net earnings for the same period?

Net earnings for the first three quarters of fiscal year 2025 were $754.6 million.

What is the amount of General Mills' long-term debt as of February 23, 2025?

As of February 23, 2025, General Mills' long-term debt was $7.7 billion.

What was the diluted earnings per share for the period ending February 23, 2025?

The diluted earnings per share for the period ending February 23, 2025, was $0.10.

What is the fiscal year end for General Mills?

General Mills' fiscal year ends on May 30th.

From the Filing

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