logo
General Mills Inc [GIS] reports $579.9 million quarterly net profit

General Mills Inc [GIS] reports $579.9 million quarterly net profit

Company generates $4.8 billion in revenue

By USinMinutes
Published - Sep 18, 2024, 03:36 PM ET
Last Updated - Sep 19, 2024, 02:04 AM EDT

General Mills Inc General Mills Inc [GIS] has reported $579.9 million quarterly profit, an decrease of $96.4 million from the previous quarter, the company said in a filing to the SEC for the Q1 ended Aug 25, 2024.

General Mills reported the quarterly diluted earnings per share (EPS) fell by -11.97 percent to $1 from $1.2 in the previous quarter.

Dollars in millions
Aug 25, 2024    May 26, 2024    Feb 25, 2024    Nov 26, 2023   

Income Statement

Revenue $4,848.1  $19,857.2  $5,099.2  $5,139.4 
Operating Profit $831.5  $3,431.7  $910.7  $811.8 
Net Income $579.9  $2,496.6  $676.3  $602.3 
Net Cash $50.1  -$167.5  $3.1  $8.3 
Gross Margin $1,688.8  $6,932.1  $1,707.4  $1,765.9 
Operating Margin $0.0  $0.0  $0.0  $0.0 
Profit as % of Revenues291.22 277.66 33.48 34.36 
Profit as % of Assets3.17 9.73 2.17 1.92 
Profit as % of Stockholder Equity6.25 25.88 6.98 6.25 
Return on Equity6.29 25.88 1.54 1.41 
Return on Assets1.84 7.93 0.48 0.44 
Turnover Ratio26.48 77.38 0.16 0.16 
EBITA$831.5 $3,431.7     

Balance Sheet

Total Assets $31,769.2  $31,469.9  $30,860.5  $31,233.4 
Total Liabilities $22,242.6  $21,821.4  $21,169.2  $21,601.5 

Cash Flow Statement

Operating Cash Flow $624.2  $3,302.6  $2,438.9  $1,495.8 
Investing Cash Flow -$148.0  -$1,197.4  -$507.6  -$316.2 
Financing Cash Flow -$429.4  -$2,272.3  -$1,927.6  -$1,173.6 
Read the full filing
 
Disclaimer:USinMinutes is an offering of 10kInfo, Inc., bringing you news on the latest regulatory filings. Although care is taken to ensure accuracy, the article does not intend to replace user diligence in decisions of financial or legal implications.
Quick Links
Categories
Our Offices
  • 10kInfo, Inc.
    13555 SE 36th St
    Bellevue, WA 98006
  • 10kInfo Data Solutions, Pvt Ltd.
    Claywork Create
    11 km, Arakere Bannerghatta Rd, Omkar Nagar, Arekere,
    Bengaluru, Karnataka 560076
4.2 12182024