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General Mills (GIS) Reports Q3 Earnings: What Key Metrics Have to Say

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For the quarter ended February 2026, General Mills (GIS - Free Report) reported revenue of $4.44 billion, down 8.4% over the same period last year. EPS came in at $0.64, compared to $1.00 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $4.48 billion, representing a surprise of -0.94%. The company delivered an EPS surprise of -13.3%, with the consensus EPS estimate being $0.74.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how General Mills performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Net Sales- North America Foodservice: $496.4 million versus $526.78 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a -10.6% change.
  • Net Sales- International: $696.3 million compared to the $687.55 million average estimate based on five analysts. The reported number represents a change of +6.9% year over year.
  • Net Sales- North America Pet: $640.5 million versus $657.58 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +2.7% change.
  • Net Sales- North America Retail: $2.6 billion versus the five-analyst average estimate of $2.55 billion. The reported number represents a year-over-year change of -13.7%.
  • Operating Profit- North America Retail: $436.1 million versus the five-analyst average estimate of $498.11 million.
  • Operating Profit- International: $33.6 million compared to the $15.84 million average estimate based on five analysts.
  • Operating Profit- North America Pet: $102.8 million compared to the $115.64 million average estimate based on five analysts.
  • Operating Profit- North America Foodservice: $56.3 million compared to the $79.79 million average estimate based on five analysts.

View all Key Company Metrics for General Mills here>>>

Shares of General Mills have returned -13.8% over the past month versus the Zacks S&P 500 composite's -1.8% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

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