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General Mills GIS Snacks — Net Sales

Other product segments

Cereal
$768.6M+10.9%
Pet
$746.6M+5.8%
Convenient meals
$662.8M+12.7%
Dough
$541.4M+9.1%
Baking mixes and ingredients
$446M+1.7%
Super-premium ice cream
$237.8M+14.5%
Other
$98.1M+10.7%
Yogurt
$0-100%

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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$19.44B-26.8%
Enterprise value$31.87B-21.6%
P/S1.1×-0.3×

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:RevenueFromContractWithCustomerExcludingAssessedTax.

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 snacks — net sales?
General Mills (GIS) reported snacks — net sales of $1.11B in Q1 2026.
How has General Mills's snacks — net sales changed year-over-year?
General Mills's snacks — net sales increased by 7.6% year-over-year, from $1.03B to $1.11B.
What is the long-term trend for General Mills's snacks — net sales?
Over 4 years (2022 to 2026), General Mills's snacks — net sales has grown at a 1.1% compound annual growth rate (CAGR), from $3.96B to $4.14B.
What does snacks — net sales mean?
This metric represents the total revenue generated from the sale of snack-related food products, including items like granola bars, fruit snacks, and savory snacks, after deducting returns, allowances, and trade discounts. It serves as a primary indicator of consumer demand and market penetration within the company's snack portfolio. Tracking this figure helps investors assess the segment's ability to maintain competitive positioning and drive top-line growth in the packaged food industry.