GENERAL MILLS INC — Form 8-K

General Mills reported Q1 FY2027 (ended Aug 30, 2026) net sales of $4.4B (down 3% reported; flat organic), operating profit of $635M (down 11% adjusted, constant-currency), and adjusted diluted EPS of $0.75 (down 13% adjusted, constant-currency). The prior-year comparison was distorted by a $1.05B gain from the U.S. yogurt divestiture in Q1 FY2026. The company completed the Brazil divestiture on Sept 2, 2026 (post-quarter, recording a $1.032B loss in Q4 FY2026 plus $24M in Q1 FY2027). For full-year FY2027, General Mills reaffirmed guidance: organic net sales down 1.5% to up 0.5%, adjusted operating profit down 13% to down 8% (constant-currency), adjusted diluted EPS $3.00–$3.20, and free cash flow conversion ~95% of adjusted after-tax earnings.