General Mills (GIS) Revenue — Quarter Ended Aug 25, 2024
Revenue increased from the preceding quarter, driven by a sequential uptick. However, compared to the same period a year ago, revenue declined.
Key takeaway
Quarter ended Aug 25, 2024 · FY2025 Q1
Revenue increased from the preceding quarter, driven by a sequential uptick. However, compared to the same period a year ago, revenue declined.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$4.8B
Revenue reported for this quarter.
Quarter-over-quarter
+2.8%
Change from the immediately preceding quarter.
Year-over-year
-1.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$19.8B
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 |
|---|---|---|
| Nov 26, 2023 | $5.1B | -1.6% |
| Feb 25, 2024 | $5.1B | -0.5% |
| May 26, 2024 | $4.7B | -6.3% |
| Aug 25, 2024 | $4.8B | -1.2% |
Revenue performance
The company reported higher revenue than the prior quarter. The year-over-year comparison reflected a decrease.
Quarterly comparison
Sequentially, revenue improved from the immediately preceding quarter. On an annual basis, revenue was lower than the same quarter one year earlier.
What to watch
Watch for any recovery in year-over-year revenue trends in upcoming quarters.