
General Mills Q1 FY2027: A $1B Yogurt Gain Hides an 11% Real Profit Drop
General Mills' Q1 FY2027 operating profit fell 63%, but $1.05B was last year's yogurt-sale gain; adjusted profit fell 11% as North America Retail sales slid 7%.
Plain-text accounting insights, tutorials, and updates from the Beancount.io team.

General Mills' Q1 FY2027 operating profit fell 63%, but $1.05B was last year's yogurt-sale gain; adjusted profit fell 11% as North America Retail sales slid 7%.

Small-business gas spend jumped nearly 31% in 2026. Track fuel per mile, split the 72.5¢/76¢ IRS mileage rate, and book fuel surcharges as revenue.

IRS rules let your health FSA carry over $680 or offer a 2.5-month grace period — never both. The run-out deadline decides what you actually keep.

Only 23% of family farms have a succession plan. Transfer management first, use LLC interests plus IRS Sections 2032A and 6166, and keep the farm intact.

Section 132(c) caps tax-free employee discounts at 20% for services and your gross profit percentage for goods — the excess is W-2 wages.

AI collections agents now send follow-up emails, calls, and texts on their own — adopt them only after cleaning your AR aging and documenting TCPA consent.

Costco's FY2026 revenue rose 10.1% to $303.2B and net income 13.9% to $9.2B; $5.9B of membership fees made up 50.6% of operating income, down from 56.4%.

Renewal caps, CPI escalators, holdover penalties, co-tenancy and exclusive-use terms set your real rent for a decade — negotiate them before you sign.

Custom grain drying costs about 3.2 cents per point per bushel before margin — price from your fuel, shrink, and fixed cost, not the elevator's rate.

Ciena's Q3 FY2026 revenue rose 37% to $1.671B and operating margin hit 18%, but two unnamed cloud providers bought 41.7% of it — $696M in one quarter.

BYD's H1 2026 profit fell 20.5% to RMB 12.3B on an RMB 8.3B FX-driven finance swing, while overseas revenue rose 34% to 52.6% of sales.

A 2027 CapEx budget turns equipment failures into scheduled buys: inventory assets, rank projects by payback and NPV, and time purchases around Section 179.