General Mills

General Mills, Inc., incorporated on June 20, 1928, 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 North American foodservice and commercial baking industries. The Company has three segments: U.S. Retail, International, and Convenience Stores and Foodservice.

Company Growth (employees)
Parent Company
Grupo Bimbo
Minneapolis, US
Size (employees)
39,000 (est)-7%
General Mills is headquartered in Minneapolis, US

Key People at General Mills

Kendall Powell

Kendall Powell

Chairman & CEO
Richard Allendorf

Richard Allendorf

SVP, General Counsel and Secretary
Gary Chu

Gary Chu

SVP, President, Greater China
John Church

John Church

EVP, Supply Chain
David Clark

David Clark

Vice President; President, U.S. Retail Yogurt
Mary Jo  Ekman

Mary Jo Ekman

SVP, U.S. Retail Finance
Peter Erickson

Peter Erickson

EVP, Innovation, Technology and Quality
John Foraker

John Foraker

VP, President, Annie’s Foods
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

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

General Mills Metrics

General Mills Financial Metrics

Revenue (2016)

$16.6 b

Revenue growth (2015-16), %


Gross profit

$5.8 b

Gross profit margin (2016), %


Net income (2016)

$1.7 b

Cash (29-May-2016)

$763.7 m
General Mills's revenue was reported to be $16.6 b in FY, 2016 which is a 6.1% decrease from the previous period.
FY, 2014FY, 2015FY, 2016


$17.9 b$17.6 b$16.6 b

Revenue growth, %


Cost of goods sold

$11.5 b$11.7 b$10.7 b

Gross profit

$6.4 b$5.9 b$5.8 b

Gross profit Margin, %



$3 b$2.1 b$2.7 b

EBIT margin, %


Pre tax profit

$2.7 b$1.8 b$2.4 b

Net Income

$1.9 b$1.3 b$1.7 b
FY, 2014FY, 2015FY, 2016


$867.3 m$334.2 m$763.7 m


$1.6 b$1.5 b$1.4 b

Current Assets

$4.4 b$3.8 b$3.9 b


$8.7 b$8.9 b$8.7 b

Total Assets

$23.1 b$22 b$21.7 b

Accounts Payable

$1.6 b$1.7 b$2 b

Total Debt

$7.7 b$8.6 b$8.2 b

Current Liabilities

$5.4 b$4.9 b$5 b

Additional Paid-in Capital

$1.2 b$1.3 b$1.2 b

Retained Earnings

$11.8 b$12 b$12.6 b

Total Equity

$7 b$5.4 b$5.3 b

Debt to Equity Ratio

1.1 x1.6 x1.5 x

Debt to Assets Ratio

0.3 x0.4 x0.4 x

Financial Leverage

3.3 x4.1 x4.1 x
FY, 2014FY, 2015FY, 2016

Net Income

$1.9 b$1.3 b$1.7 b


($88.3 m)($24.2 m)($146.1 m)

Accounts Payable

$191.5 m$145.8 m$318.7 m

Cash From Operating Activities

$2.5 b$2.5 b$2.6 b

Cash From Investing Activities

($561.8 m)($1.6 b)

Dividends Paid

($983.3 m)($1 b)($1.1 b)

General Mills Median Salaries

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

General Mills Online Presence

General Mills Company Life

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