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General Mills GIS North America Foodservice — Cost of Sales

Other segment segments

North America Retail
$1.58B-6.5%
International
$628.7M
North America Pet
$404.9M-1.3%

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Other financials

Income statement

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Revenue$4.6B+1.2%
Gross profit$1.6B+8.8%
Operating income$524.6M-41.1%
Net income-$2.0B-783%
EPS (diluted)-$3.74-806%

Balance sheet

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Cash & equivalents$453.8M+24.7%
Total debt$12.9B-15.8%
Total equity$7.4B-19.9%
Total assets$30.0B-9.2%

Cash flow

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Operating cash flow$552.0M-9.7%
CapEx$184.4M-16.3%
Free cash flow$367.6M-6.1%

Valuation

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Market cap$19.53B-30.5%
Enterprise value$31.97B-24.2%
P/S1.1×-0.4×

Profitability

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Gross margin33%-2.3pp
Operating margin4.8%-12.2pp
Net margin-0.5%-12.3pp
FCF margin5%-6.8pp

Returns & leverage

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Return on equity-1.1%-25.8pp
Debt / equity1.8×+0.2×
Current ratio0.7×0.0×

Where this comes from

Reported directly by General Mills in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The official record: General Mills’s 10-K, filed July 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is General Mills's north america foodservice — cost of sales?
General Mills (GIS) reported north america foodservice — cost of sales of $429.6M in Q1 2026.
How has General Mills's north america foodservice — cost of sales changed year-over-year?
General Mills's north america foodservice — cost of sales decreased by 5.5% year-over-year, from $454.5M to $429.6M.
What is the long-term trend for General Mills's north america foodservice — cost of sales?
Over 3 years (2023 to 2026), General Mills's north america foodservice — cost of sales has grown at a -1.7% compound annual growth rate (CAGR), from $1.75B to $1.66B.
What does north america foodservice — cost of sales mean?
The direct costs attributable to the production and delivery of goods sold within the North America Foodservice segment. This includes raw materials, direct labor, manufacturing overhead, and distribution costs. It is a critical component in determining the segment's gross margin.