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Discontinued — last reported Q3 '23

Business Segments · Goodwill

Convenience Stores And Foodservice — Goodwill

General Mills Convenience Stores And Foodservice — Goodwill remained flat by 0.0% to $803.1M in Q4 2022 compared to the prior quarter. Year-over-year, this metric grew by 23.8%, from $648.8M to $803.1M.

Analysis

StatementSegment
CategoryRisk
SignalContext dependent
VolatilityStable
First reportedQ4 2013
Last reportedQ3 2023Mar 23, 2023
Rolls up toGoodwill

How to read this metric

An increase suggests recent acquisitions, while a decrease may indicate impairment charges or divestitures.

Detailed definition

This represents the total carrying value of goodwill attributed to the Convenience Stores and Foodservice business segme...

Peer comparison

Common in consumer packaged goods companies that grow through M&A; peers typically report segment-level goodwill in annual filings.

Metric ID: gis_segment_convenience_stores_and_foodservice_goodwill

Historical Data

8 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23
Value$648.8M$918.8M$918.8M$648.8M$648.8M$803.1M$803.1M$803.1M
QoQ Change+41.6%+0.0%-29.4%+0.0%+23.8%+0.0%+0.0%
YoY Change+0.0%-12.6%-12.6%+23.8%
Range$648.8M$918.8M
CAGR+13.0%
Avg YoY Growth-0.4%
Median YoY Growth-6.3%
Current Streak4 quarters growth

Frequently Asked Questions

What is General Mills's convenience stores and foodservice — goodwill?
General Mills (GIS) reported convenience stores and foodservice — goodwill of $803.1M in Q4 2022.
How has General Mills's convenience stores and foodservice — goodwill changed year-over-year?
General Mills's convenience stores and foodservice — goodwill increased by 23.8% year-over-year, from $648.8M to $803.1M.
What does convenience stores and foodservice — goodwill mean?
The total value of intangible assets like brand reputation assigned to the Convenience Stores and Foodservice segment from past acquisitions.