General Mills, Inc. (NYSE: GIS) reported its first quarter 2026 earnings results today.
Net sales were down 7% year-over-year to $4.5 billion. Organic sales were down 3%.
Net earnings attributable to General Mills doubled to $1.2 billion, or $2.22 per share, from last year. Adjusted EPS was $0.86, down 20% in constant currency.
For fiscal year 2026, the company expects organic sales to range between down 1% and up 1%.