In mid-December, General Mills reported (12/18/24) results for Q2-2025. Net sales and organic sales grew 2% and 1%, respectively, over last year’s quarter thanks to higher volumes, which more than offset a slight decline in the price due to the composition of the product mix.
This marked an improvement vs. the marginal decline reported in the previous quarter. Gross margin expanded from 34.4% to 36.9%, as cost savings offset input inflation. Adjusted earnings-per-share grew 12%, from $1.25 to $1.40, and exceeded the analysts’ consensus by $0.18.