General Mills Q1 Sales Fall 3% as Net Earnings Drop 67%

General Mills (GIS) reported fiscal 2027 first-quarter net sales of $4.4 billion, down 3% from a year earlier, while net earnings attributable to the company fell 67% to $397 million. Diluted earnings per share were $0.74, compared with $2.22 in the prior-year quarter.

The company reaffirmed its full-year fiscal 2027 outlook. The prior-year period included a $1.05 billion divestitures gain primarily related to the sale of its U.S. yogurt business.

• Reported operating profit was $633.6 million, down 63% year over year.
• North America Retail sales declined 7% to $2.45 billion; International sales rose 4% to $794.3 million.
• North America Foodservice sales increased 1% to $523.1 million, while North America Pet sales were essentially flat at $612.8 million.
• General Mills expects fiscal 2027 organic net sales to range from a 1.5% decline to 0.5% growth.
• The company projects adjusted diluted EPS of $3.00 to $3.20 for fiscal 2027.

$GIS Insider Trading Activity

$GIS insiders have traded $GIS stock on the open market 3 times in the past 6 months. Of those trades, 0 have been purchases and 3 have been sales.

Here’s a breakdown of recent trading of $GIS stock by insiders over the last 6 months:

• JACQUELINE WILLIAMS-ROLL (Chief Human Resources Officer) has made 0 purchases and 2 sales selling 20,000 shares for an estimated $682,367.
• RICARDO FERNANDEZ (Segment President) sold 7,995 shares for an estimated $275,828

To track insider transactions, check out Investivoq's insider trading dashboard. You can access data on insider stock transactions through the Investivoq API insider transaction endpoint.

$GIS Hedge Fund Activity

We have seen 708 institutional investors add shares of $GIS stock to their portfolio, and 748 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

• SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 18,048,765 shares (+inf%) to their portfolio in Q2 2026, for an estimated $628,097,022
• WELLINGTON MANAGEMENT GROUP LLP removed 7,146,506 shares (-96.5%) from their portfolio in Q2 2026, for an estimated $248,698,408
• CAPITAL WORLD INVESTORS removed 3,636,708 shares (-88.8%) from their portfolio in Q2 2026, for an estimated $126,557,438
• JPMORGAN CHASE & CO added 3,256,024 shares (+inf%) to their portfolio in Q2 2026, for an estimated $113,309,635
• TWO SIGMA INVESTMENTS, LP removed 3,045,368 shares (-99.4%) from their portfolio in Q2 2026, for an estimated $105,978,806
• PACER ADVISORS, INC. added 2,850,446 shares (+inf%) to their portfolio in Q2 2026, for an estimated $99,195,520
• GOLDMAN SACHS GROUP INC added 2,824,744 shares (+65.6%) to their portfolio in Q2 2026, for an estimated $98,301,091

To track hedge funds' stock portfolios, check out Investivoq's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Investivoq API 13F endpoint.

$GIS Congressional Stock Trading

Members of Congress have traded $GIS stock 2 times in the past 6 months. Of those trades, 2 have been purchases and 0 have been sales.

Here’s a breakdown of recent trading of $GIS stock by members of Congress over the last 6 months:

• REPRESENTATIVE GILBERT RAY CISNEROS, JR. purchased up to $15,000 on 06/16.
• SENATOR ALAN ARMSTRONG purchased up to $15,000 on 03/27.

To track congressional stock trading, check out Investivoq's congressional trading dashboard. You can access data on congressional stock trades through the Investivoq API Congress trades endpoint.