General Mills reported first-quarter fiscal 2027 results ending August 30, 2026, with net sales of $4.4 billion, a 3 percent decline driven by the U.S. yogurt divestiture, while organic net sales remained flat. Diluted earnings per share fell 67 percent to $0.74, and adjusted diluted EPS decreased 13 percent in constant currency to $0.75. The company reaffirmed its full-year fiscal 2027 outlook, targeting organic net sales between a 1.5 percent decline and a 0.5 percent increase, adjusted operating profit down 8 to 13 percent in constant currency, and adjusted diluted EPS of $3.00 to $3.20. General Mills operates in the consumer packaged goods industry, manufacturing and marketing branded food products globally.
