General Mills (GRM) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date

Jul 01, 2026

Before Open (Confirmed)

Period Ending

2026 (Q4)

Consensus EPS Forecast

0.71

Last Year’s EPS

0.64

Same Quarter Last Year

Analyst Consensus

Hold

Based on 16 Analysts Ratings

Earnings Call Summary

Q3 2026

Earnings Call Date:Mar 18, 2026|

% Change Since:

Earnings Call Sentiment|Positive

The call communicated measurable progress on the company’s strategic investments (remarkability, innovation, Pet launch, salty snacks strength) and a clear plan to drive better results in Q4 and fiscal 2027, including a reaffirmed FY26 guide. However, results in Q3 were pressured by supply-chain disruption, shipment timing, inflationary costs, Foodservice (yogurt divestiture and flour), and a notable decline in parts of Snacks (Totino’s). Management articulated concrete remediation steps (product/packaging reversions, on-shelf availability fixes for Love Made Fresh, continued innovation and productivity initiatives) and expects mechanical and operational tailwinds in Q4. Overall, positive operational momentum and strategic clarity outweigh near-term execution and cost challenges, but near-term variability and margin uncertainty remain.

Company Guidance

General Mills reaffirmed fiscal 2026 guidance and said Q4 should show a meaningful step‑up as most pricing reinvestments are lapped, citing a roughly 200‑basis‑point benefit from a retailer inventory flip and the mechanical tailwind of the 53rd week; management noted the midpoint of guidance implies about 75–80 basis points of organic sales growth, expects Pet to be neutral in Q4 despite a ~3‑point retailer inventory gap, and highlighted ongoing margin recovery supported by industry‑leading HMM of at least ~4% and multi‑year transformation productivity (management did not set a 2027 gross‑margin target but said stable volumes could move margins from the low‑30s toward the mid‑30s). They also reiterated innovation and distribution progress—new products tracking ~25% growth (NAR a bit higher, portfolio 20–25%), Cheerios Protein ~ $100M by year‑end, Love Made Fresh >5,000 coolers with pouch formats ~55% of fresh sales—and said the guide range reflects variability in supply‑chain/shipment timing, trade expense timing, and retailer inventory recovery.

Guidance Reaffirmed and Q4/FY27 Outlook

Company reaffirmed fiscal 2026 guidance and expects a meaningful step-up in top-line and bottom-line performance starting in Q4 and into fiscal 2027, driven by the end of most reinvestment in base pricing and acceleration of other Remarkability framework elements.

Remarkability Investments Showing Early Traction

Investments to improve brand remarkability are driving improvements in household penetration, baseline volume, distribution and market share across core businesses, with management citing visible momentum after three quarters of work.

Strong Innovation Performance

New-product growth is tracking ~25% in North America Retail and ~20–25% for the portfolio in aggregate; examples include Cheerios Protein (projected ~$100M by year-end), Ghost Protein Bars (scaling nationally) and multiple product renovations across brands.

North America Retail (NAR) Competitiveness

NAR investments have rebuilt household penetration and baseline growth; management expects to improve dollar-share performance in NAR in fiscal 2027 as pricing laps and remarkability initiatives take hold.

Pet Launch Momentum (Love Made Fresh)

Love Made Fresh has surpassed ~5,000 coolers, early marketing/execution strong, on-shelf availability initiatives (weekly store rep visits) showing step-up in turns, and a new stand-up resealable pouch (55% of fresh sales format; pouch has ~2x the dollar ring of rolls) is rolling out.

Salty Snacks Strength

Salty snacks grew double digits in Q3 with three consecutive quarters of pound and dollar share gains in that category, driven by price pack architecture and flavor renovations (e.g., Chex Mix).

Portfolio-Shaping to Improve Margins

Agreement to sell Brazil business (Yoki and Kitano) as part of disciplined portfolio reshaping; management notes nearly one-third of net sales turned over since fiscal 2018 to prioritize higher-margin global platforms, which should enhance International margins.

Transformation and Productivity Initiatives

Multi-year transformation expected to add meaningful productivity next year; management referenced continuing cost savings and expects another year of industry-leading HMM (at least ~4%) to help margin recovery when volume stabilizes.

General Mills (DE:GRM) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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DE:GRM Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Jul 01, 2026	2026 (Q4)	0.71 / -	0.638	―	―	―
Mar 18, 2026	2026 (Q3)	0.63 / 0.55	0.863	-36.00% (-0.31)
Dec 17, 2025	2026 (Q2)	0.89 / 0.95	1.208	-21.43% (-0.26)
Sep 17, 2025	2026 (Q1)	0.71 / 0.74	0.923	-19.63% (-0.18)
Jun 25, 2025	2025 (Q4)	0.61 / 0.64	0.871	-26.73% (-0.23)
Mar 19, 2025	2025 (Q3)	0.83 / 0.86	1.009	-14.53% (-0.15)
Dec 18, 2024	2025 (Q2)	1.05 / 1.21	1.078	12.00% (+0.13)
Sep 18, 2024	2025 (Q1)	0.91 / 0.92	0.94	-1.83% (-0.02)	―
Jun 26, 2024	2024 (Q4)	0.86 / 0.87	0.966	-9.82% (-0.09)	―	―
Mar 20, 2024	2024 (Q3)	0.90 / 1.01	0.837	20.62% (+0.17)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

DE:GRM Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Mar 18, 2026	€33.97	€33.52	-1.31%
Dec 17, 2025	€39.35	€40.83	+3.75%
Sep 17, 2025	€40.35	€40.41	+0.16%
Jun 25, 2025	€44.12	€42.62	-3.40%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.