Earnings Release
EX-99 2 a20260701ex99.htm EX-99 Document Exhibit 99 FOR IMMEDIATE RELEASE July 1, 2026 General Mills Reports Fiscal 2026 Fourth-quarter Adjusted Results in Line with Company Expectations Fiscal 2027 Outlook Includes Improved Organic Growth and Increased Efficiency; Targeting $3 Billion Cost Savings by Fiscal 2030 Board Declares Quarterly Dividend at Prevailing Rate Fourth Quarter Highlights • Net sales of $4.6 billion were up 1 percent; organic net sales¹ were in line with last year • Operating loss totaled $2.1 billion, driven by certain non-cash goodwill and brand intangible asset charges and a non-cash valuation loss related to the planned divestiture of the Brazil business; adjusted operating profit of $705 million was up 13 percent in constant currency • Diluted loss per share totaled $3.74 compared to earnings per share (EPS) of $0.53 last year; adjusted diluted EPS of $0.95 was up...
Source
0001628280-26-046337
Filed July 1, 2026 at 11:01 AM UTC. The figures above are from the audited statements, not from this release.