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AI English summary of an SEC filing — figures as filed

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General Mills said net sales for the quarter ended August 24, 2025 were $4.5 billion, down 7%, with a 4-point headwind from the net impact of divestitures and acquisitions; organic net sales were down 3%.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. General Mills said net sales for the quarter ended August 24, 2025 were $4.5 billion, down 7%, with a 4-point headwind from the net impact of divestitures and acquisitions; organic net sales were down 3%.

  2. The company said operating profit for the quarter was $1.7 billion, up 108%, including a $1.05 billion gain on the U.S. yogurt divestiture; adjusted operating profit was $711 million, down 18% in constant currency.

  3. General Mills said cash provided by operating activities for the quarter was $397 million, compared to $624 million a year ago; in the same quarter, it paid dividends of $331 million and repurchased shares for $500 million.

  4. The company reaffirmed its full-year outlook: organic net sales are expected to range between down 1% and up 1%; adjusted operating profit and adjusted diluted EPS are both expected to be down 10 to 15% in constant currency; and free cash flow conversion is expected to be at least 95% of adjusted after-tax earnings.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.

Fiscal 2026 Q1 Net Sales and Organic Net Sales

General Mills said net sales for the quarter ended August 24, 2025 were $4.5 billion, down 7%, with a 4-point headwind from the net impact of divestitures and acquisitions; organic net sales were down 3%.

Source · Based on the filing body and exhibits

Operating Profit and Adjusted Operating Profit

The company said operating profit for the quarter was $1.7 billion, up 108%, including a $1.05 billion gain on the U.S. yogurt divestiture; adjusted operating profit was $711 million, down 18% in constant currency.

Source · Based on the filing body and exhibits

Quarterly Operating Cash Flow and Shareholder Returns

General Mills said cash provided by operating activities for the quarter was $397 million, compared to $624 million a year ago; in the same quarter, it paid dividends of $331 million and repurchased shares for $500 million.

Source · Based on the filing body and exhibits

Full-Year Outlook Reaffirmed

The company reaffirmed its full-year outlook: organic net sales are expected to range between down 1% and up 1%; adjusted operating profit and adjusted diluted EPS are both expected to be down 10 to 15% in constant currency; and free cash flow conversion is expected to be at least 95% of adjusted after-tax earnings.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.