Stock Analysis on Net

General Mills Inc. (NYSE:GIS)

$22.49

This company has been moved to the archive! The financial data has not been updated since December 18, 2019.

Analysis of Revenues

Microsoft Excel

Revenues as Reported

General Mills Inc., income statement, revenues

US$ in thousands

Microsoft Excel
12 months ended: May 26, 2019 May 27, 2018 May 28, 2017 May 29, 2016 May 31, 2015 May 25, 2014
Snacks
Cereal
Convenient meals
Yogurt
Dough
Baking mixes and ingredients
Pet
Super-premium ice cream
Other
Net sales

Based on: 10-K (reporting date: 2019-05-26), 10-K (reporting date: 2018-05-27), 10-K (reporting date: 2017-05-28), 10-K (reporting date: 2016-05-29), 10-K (reporting date: 2015-05-31), 10-K (reporting date: 2014-05-25).


Overall Net Sales
The net sales experienced a decline from approximately 17.91 billion USD in 2014 to a low of 15.62 billion USD in 2017. Subsequently, there was a recovery phase with net sales rising to about 16.87 billion USD by 2019.
Snacks Segment
Sales in the snacks category generally trended upward from 3.23 billion USD in 2014 to a peak near 3.42 billion USD in 2018, followed by a slight decrease to approximately 3.36 billion USD in 2019. The segment demonstrated relative stability with moderate growth overall.
Cereal Segment
The cereal category exhibited a consistent downward trend, declining from 2.86 billion USD in 2014 to around 2.67 billion USD in 2019. This steady decrease suggests diminishing consumer demand or competitive pressures in this product line.
Convenient Meals
Sales within the convenient meals sector decreased gradually from approximately 2.84 billion USD in 2014 to 2.64 billion USD by 2019, indicating a slow but continual decline over the observed period.
Yogurt
The yogurt category showed a significant and continuous decline, dropping from nearly 2.96 billion USD in 2014 to approximately 2.19 billion USD in 2019. This reduction is pronounced, suggesting challenges in sustaining market share or consumer preference changes.
Dough Segment
Dough sales decreased steadily from approximately 1.89 billion USD in 2014 to around 1.69 billion USD in 2019, reflecting a consistent downward trend across the years.
Baking Mixes and Ingredients
This segment experienced a notable decline from about 2.00 billion USD in 2014 to roughly 1.61 billion USD in 2019. The downward trajectory is clear and continuous, representing a shrinking revenue contribution.
Pet Products
The pet category has data only for 2019, where it contributed approximately 1.43 billion USD. This suggests a new or segregated reporting segment emerging in recent years.
Super-Premium Ice Cream
Sales in super-premium ice cream were relatively stable with slight fluctuations, increasing from 757 million USD in 2014 to about 813 million USD by 2019. This indicates modest growth and steady demand.
Other
The 'Other' category declined dramatically from approximately 1.36 billion USD in 2014 to about 453 million USD in 2019, highlighting a significant reduction in revenues from miscellaneous products or services.