Discontinued — last reported Q2 '22

Business Segments · Operating Income

Europe And Australia — Operating Income

General Mills Europe And Australia — Operating Income decreased by 65.0% to $15.80M in Q3 2021 compared to the prior quarter. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2017
Last reportedQ2 2022Dec 21, 2021
Rolls up toOperating Income

How to read this metric

Higher operating income indicates improved margins, cost control, or stronger pricing power in the region.

Detailed definition

The profit or loss generated by the Europe and Australia segment after deducting operating expenses from net revenue. It...

Peer comparison

Standard segment-level profitability metric used across all industries.

Metric ID: gis_segment_europe_and_australia_operating_income_loss

Historical Data

3 periods
 Q4 '21Q1 '22Q2 '22
Value$32.70M$45.20M$15.80M
QoQ Change+38.2%-65.0%
Range$15.80M$45.20M

Frequently Asked Questions

What is General Mills's europe and australia — operating income?
General Mills (GIS) reported europe and australia — operating income of $15.80M in Q3 2021.
What does europe and australia — operating income mean?
The profit or loss earned by the Europe and Australia business segment from its core operations.