General Mills (GIS) Revenue — Quarter Ended Feb 25, 2024
Revenue for the quarter decreased compared to both the prior quarter and the same period a year earlier. The decline reflects a slight softening in performance.
Key takeaway
Quarter ended Feb 25, 2024 · FY2024 Q3
Revenue for the quarter decreased compared to both the prior quarter and the same period a year earlier. The decline reflects a slight softening in performance.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$5.1B
Revenue reported for this quarter.
Quarter-over-quarter
-0.8%
Change from the immediately preceding quarter.
Year-over-year
-0.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$20.2B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| May 28, 2023 | $5B | +2.8% |
| Aug 27, 2023 | $4.9B | +4.0% |
| Nov 26, 2023 | $5.1B | -1.6% |
| Feb 25, 2024 | $5.1B | -0.5% |
Revenue performance
Revenue moved lower during the quarter.
Quarterly comparison
Compared with the immediately preceding quarter, revenue declined, and it was also down from the same quarter one year earlier.
What to watch
The filing notes risk factors that could influence future results.