General Mills, Inc.

Industry: Food Processing

Fortune Rank: 155

General Mills, Inc. is a producer of packaged consumer foods, including, cereals, desserts, flour and baking mixes, dinner & side dish products, snack products, beverages, yogurt products and foodservice products. For the 13 weeks ended 8/28/05, net sales rose 3% to $2.66B. Net income rose 38% to $252M. Revenues reflect higher total worldwide volume. Net income also reflects a decrease in restructuring costs.

General Mills, Inc. (General Mills) is a producer of packaged consumer foods and operates in the consumer foods industry. Its businesses are divided into three segments: U.S. Retail, Bakeries and Foodservice, and International. U.S. Retail reflects business with a variety of grocery stores, specialty stores, drug, dollar and discount chains, and mass merchandisers operating throughout the United States. The Company's major product categories in this business segment are ready-to-eat cereals, meals, refrigerated and frozen dough products, baking products, snacks, yogurt and organic foods. General Mills' Bakeries and Foodservice segment consists of products marketed throughout the United States and Canada to retail and wholesale bakeries, commercial and non-commercial foodservice distributors and operators, and convenience stores. Its International segment is made up of retail businesses outside of the United States, and foodservice businesses outside of the United States and Canada.

General Mills, Inc.

General Mills, Inc. is a Fortune 500 company. In 2010 General Mills, Inc. was ranked number 155 on the Fortune 500 list, making it the 155th largest company in the United States when judged by revenue.

General Mills, Inc. achieved revenue of $14,691.30 million in 2010 and earned a profit of $1,304.40 million.

General Mills, Inc.' rank improves

The company ranking improved in 2010, moving up the Fortune 500 list to 155th compared to 193rd in 2009. This was based on its 2009 revenue of $13,652 million (a change of 1 million compared to 2010) and profits of $1,295 million (a change of $0 million compared to 2009).

Another point of view

To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then General Mills, Inc. would be ranked 98th rather than 155th due to its profits of $1,304 in 2010.

General Mills, Inc. Revenue* Profit* Fortune Ranking

* US$ Million

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