General Mills

Q1 FY2027 EarningsQ1 FY27 results delivered a slight top-line beat with revenue of $4.39B vs. $4.35B expected, although reported figures were down 3% YoY due to the U.S. yogurt divestiture. While adjusted diluted EPS of $0.75 exceeded the $0.72 consensus, adjusted operating profit fell 11% in constant currency due to higher input costs and lower volumes. Management reaffirmed full-year FY27 guidance, signaling confidence in a recovery driven by product innovation and cost-saving initiatives despite a challenging consumer backdrop.