General Mills

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.

Company Growth (employees)
Type
Public
Parent Company
Grupo Bimbo
HQ
Minneapolis, US
Founded
1928
Size (employees)
38,000 (est)-2%
General Mills was founded in 1928 and is headquartered in Minneapolis, US

Key People/Management at General Mills

Kendall Powell

Kendall Powell

Chairman & CEO
David Clark

David Clark

Vice President
John Foraker

John Foraker

Vice President
John Church

John Church

EVP, Supply Chain
Mary Jo  Ekman

Mary Jo Ekman

SVP, U.S. Retail Finance
Peter Erickson

Peter Erickson

EVP, Innovation, Technology and Quality
Olivier Faujour

Olivier Faujour

VP, President, Yoplait International
Christopher O'Leary

Christopher O'Leary

EVP, Chief Operating Officer, International
Shawn O'Grady

Shawn O'Grady

SVP, President, Sales and Channel Development
Richard Allendorf

Richard Allendorf

SVP, General Counsel and Secretary
Gary Chu

Gary Chu

SVP, President, Greater China

General Mills Office Locations

General Mills has offices in Minneapolis, San Fernando, Burzaco, Melbourne and in 8 other locations
Minneapolis, US (HQ)
One General Mills Boulevard
São Paulo, BR
Minas Gerais, Paraná, Pernambuco, Rio Grande de Sul
Show all (12)

General Mills Financials and Metrics

General Mills Financials

General Mills's revenue was reported to be $15.6 b in FY, 2017
USD

Revenue (FY, 2017)

15.6 b

Revenue growth (FY, 2016 - FY, 2017), %

(6%)

Gross profit (FY, 2017)

5.6 b

Gross profit margin (FY, 2017), %

36%

Net income (FY, 2017)

1.7 b

EBIT (FY, 2017)

2.6 b

Market capitalization (20-Oct-2017)

30 b

Cash (28-May-2017)

766.1 m

EV

37.5 b
General Mills's current market capitalization is $30 b.
USDFY, 2014FY, 2015FY, 2016FY, 2017

Revenue

17.9 b17.6 b16.6 b15.6 b

Revenue growth, %

(2%)(6%)(6%)

Cost of goods sold

11.5 b11.7 b10.7 b10.1 b

Gross profit

6.4 b5.9 b5.8 b5.6 b
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

4.3 b4.7 b4.4 b4.2 b4.4 b4 b3.9 b4.1 b3.8 b

Cost of goods sold

2.8 b3.1 b3 b2.7 b2.9 b2.6 b2.5 b2.6 b2.5 b

Gross profit

1.4 b1.6 b1.4 b1.6 b1.5 b1.4 b1.4 b1.5 b1.3 b

Gross profit Margin, %

34%34%32%37%35%34%36%37%34%
USDFY, 2014FY, 2015FY, 2016FY, 2017

Cash

867.3 m334.2 m763.7 m766.1 m

Accounts Receivable

30.2 m

Inventories

1.6 b1.5 b1.4 b1.5 b

Current Assets

4.4 b3.8 b3.9 b4.1 b
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

450.6 m649.8 m782.7 m765.7 m809.7 m899.1 m

Inventories

1.8 b1.5 b1.4 b1.5 b1.5 b1.5 b

Current Assets

4.3 b4 b4 b4.2 b4.1 b4.1 b

Goodwill

8.9 b8.6 b8.7 b8.8 b8.7 b8.7 b
USDFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

1.9 b1.3 b1.7 b1.7 b

Depreciation and Amortization

603.6 m

Inventories

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

Accounts Payable

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

Net Income

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

Depreciation and Amortization

150.3 m290.4 m443.7 m143.9 m292.5 m441.2 m152.5 m301.1 m448.3 m

Inventories

(237.2 m)(309.6 m)(50.8 m)(275.2 m)(196.2 m)(89.3 m)(122.2 m)(120.7 m)(42.1 m)

Accounts Payable

42.4 m139.7 m(18.9 m)132.8 m56.3 m75.9 m(49.7 m)(19.9 m)(100.4 m)
USDY, 2017

EV/EBIT

14.6 x

EV/CFO

16.2 x

Revenue/Employee

404 k

Debt/Equity

1.8 x

Debt/Assets

0.4 x

Financial Leverage

4.7 x
Show all financial metrics

General Mills Operating Metrics

FY, 2015FY, 2016FY, 2017

Countries

789

Facilities

665952

Warehouses (sq. feet)

12 m12 m12 m

Ice Cream Parlors

481530433
Show all operating metrics

General Mills Market Value History

General Mills Revenue Breakdown

General Mills Median Salaries

Source: 91 public H-1B filings from General Mills

Traffic Overview of General Mills

General Mills Online and Social Media Presence

General Mills Company Life and Culture

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