07:24 AM EDT, 06/25/2025 (MT Newswires) -- General Mills ( GIS ) reported fiscal Q4 adjusted earnings Wednesday of $0.74 per diluted share, down from $1.01 a year earlier.

Analysts surveyed by FactSet expected $0.71.

Net sales for the quarter ended May 25 were $4.56 billion, down from $4.71 billion a year earlier.

Analysts polled by FactSet expected $4.59 billion.

For fiscal 2026, adjusted earnings are projected to be down by 10% to 15% in constant currency. Analysts polled by FactSet expect $3.99.

The company also said it expects organic net sales for the fiscal year to range between a 1% fall and a 1% rise. Analysts polled by FactSet expect revenue of $19.09 billion.

Meanwhile, the board increased the company's quarterly dividend by 2% to $0.61 per share, payable Aug. 1 to shareholders of record on July 10.