General Mills Q4 Adj. EPS $0.95, FY Adj. EPS $3.55; Targets $3B Savings

General Mills reported Q4 fiscal 2026 adjusted diluted EPS of $0.95, up 27% in constant currency, and net sales of $4.6 billion, up 1%. For the full fiscal year, adjusted diluted EPS was $3.55, down 16% in constant currency, on net sales of $18.4 billion, down 5%. The company recorded significant non-cash charges, including $1.8 billion in goodwill/intangible charges and a $1.0 billion valuation loss for the Brazil divestiture, leading to a Q4 diluted loss per share of $3.74 and a full-year diluted loss per share of $0.16. General Mills announced a target of $3 billion in cumulative cost savings by fiscal 2030 and provided a fiscal 2027 outlook including improved organic growth and increased efficiency.