General Mills is a manufacturer and marketer of branded consumer foods sold through retail stores. The Company is a supplier of branded and unbranded food products to the foodservice and commercial baking industries. General Mills has three segments: U.S. Retail, International, and Convenience Stores and Foodservice.

Employee Rating

3.7More
TypePublic
Parent CompanyGrupo Bimbo
HQMinneapolis, US
Founded1928
Size (employees)40,000 (est)+6%
Websitegeneralmills.com
General Mills was founded in 1928 and is headquartered in Minneapolis, US
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Key People/Management at General Mills

Jeffrey L. Harmening

Jeffrey L. Harmening

Chairman of the Board and CEO
Richard C. Allendorf

Richard C. Allendorf

General Counsel and Secretary
William Bishop

William Bishop

Group President, Pet Segment
John R. Church

John R. Church

Chief Supply Chain Officer and Global Business Solutions Officer
Jodi Benson

Jodi Benson

Chief Innovation, Technology and Quality Officer
Christina Law

Christina Law

Group President, Asia & Latin America
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General Mills Office Locations

General Mills has offices in Minneapolis, Sydney, Singapore, São Paulo and in 8 other locations
Minneapolis, (HQ)
One General Mills Boulevard
Melbourne,
4 Ricketts Rd
Sydney,
16 Kellogg Rd
São Paulo,
Minas Gerais, Paraná, Pernambuco, Rio Grande de Sul
Dublin,
Fonthill Rd
Berwick,
Berwick-upon-Tweed
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General Mills Financials and Metrics

General Mills Revenue

General Mills's revenue was reported to be $16.56 b in FY, 2016 which is a 6.1% decrease from the previous period.
USD

Revenue (Q1, 2019)

4.1b

Market capitalization (4-Dec-2018)

24.0b

Closing stock price (4-Dec-2018)

40.3

Cash (27-May-2018)

399.0m
General Mills's current market capitalization is $24 b.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2018

Revenue

17.9b17.6b16.6b

Revenue growth, %

(2%)(6%)

Cost of goods sold

11.5b11.7b10.7b

Gross profit

6.4b5.9b5.8b
Quarterly
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q2, 2017Q1, 2019

Revenue

4.3b4.7b4.4b4.2b4.4b4.0b4.1b4.1b

Cost of goods sold

2.8b3.1b3.0b2.7b2.9b2.6b2.6b

Gross profit

1.4b1.6b1.4b1.6b1.5b1.4b1.5b

Gross profit Margin, %

34%34%32%37%35%34%37%
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

867.3m334.2m763.7m766.1m399.0m

Accounts Receivable

30.2m

Inventories

1.6b1.5b1.4b1.5b

Current Assets

4.4b3.8b3.9b4.1b
Quarterly
USDQ3, 2014Q1, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q2, 2018Q3, 2018

Inventories

1.5b1.5b

Current Assets

4.2b4.1b

Total Assets

22.9b

Accounts Payable

2.5b
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

1.9b1.3b1.7b1.7b

Depreciation and Amortization

603.6m

Inventories

(88.3m)(24.2m)(146.1m)(61.5m)

Accounts Payable

191.5m145.8m318.7m99.5m
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q2, 2018Q3, 2018Q1, 2019

Net Income

352.4m355.4m353.8m435.1m543.6m367.7m419.5m495.8m370.2m

Depreciation and Amortization

150.3m290.4m443.7m143.9m441.2m152.5m

Inventories

(237.2m)(309.6m)(50.8m)(275.2m)(89.3m)(122.2m)

Accounts Payable

42.4m139.7m(18.9m)132.8m75.9m(49.7m)377.0m413.0m
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General Mills Operating Metrics

FY, 2015FY, 2016FY, 2017

Countries

7 8 9

Facilities

66 59 52

Ice Cream Parlors

481 530 433

Warehouses, sq. feet

12 m12 m12 m
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General Mills Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Blue Buffalo Pet ProductsFebruary 23, 2018$8 b

General Mills Revenue Breakdown

Embed Graph

General Mills revenue breakdown by business segment: 11.1% from Asia & Latin America, 11.7% from Europe & Australia , 12.0% from Convenience Stores & Foodservice and 65.3% from North America Retail

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General Mills Online and Social Media Presence

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General Mills Company Life and Culture

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General Mills Frequently Asked Questions

  • When was General Mills founded?

    General Mills was founded in 1928.

  • Who are General Mills key executives?

    General Mills's key executives are Jeffrey L. Harmening, Richard C. Allendorf and William Bishop.

  • How many employees does General Mills have?

    General Mills has 40,000 employees.

  • Who are General Mills competitors?

    Competitors of General Mills include Kellogg, Kraft Heinz and Campbell Soup Company.

  • Where is General Mills headquarters?

    General Mills headquarters is located at One General Mills Boulevard, Minneapolis.

  • Where are General Mills offices?

    General Mills has offices in Minneapolis, Sydney, Singapore, São Paulo and in 8 other locations.

  • How many offices does General Mills have?

    General Mills has 12 offices.