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)
General Mills was founded in 1928 and is headquartered in Minneapolis, US

Key People/Management at General Mills

Jeffrey Harmening

Jeffrey Harmening

CEO, Chairman of the Board
Olivier Faujour

Olivier Faujour

Vice President; President, Dairy Strategic Brand Unit
Shawn O'Grady

Shawn O'Grady

Group President, Convenience & Foodservice; Senior Vice President, Global Revenue Development
Richard Allendorf

Richard Allendorf

Senior Vice President, General Counsel and Secretary
John Church

John Church

Executive Vice President, Chief Supply Chain Officer and Global Business Solutions
Christina Law

Christina Law

Senior Vice President; Group President, Asia & Latin America
Peter Erickson

Peter Erickson

Executive Vice President, Innovation, Technology and Quality
Jonathon Nudi

Jonathon Nudi

Senior Vice President; Group President, North America Retail
Ivan Pollard

Ivan Pollard

Senior Vice President, Global Chief Marketing Officer
Bethany Quam

Bethany Quam

Senior Vice President; Group President, Europe & Australia
Jacqueline Williams-Roll

Jacqueline Williams-Roll

Senior Vice President; Chief Human Resources Officer
Donal Mulligan

Donal Mulligan

Executive Vice President; Chief Financial Officer

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 (22-Dec-2017)

34.4 b
General Mills's current market capitalization is $34.4 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, 2017Q2, 2018

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

    Revenue/Employee

    404 k
    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

    General Mills's Web-traffic and Trends

    General Mills Online and Social Media Presence

    General Mills Company Life and Culture

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