Hormel Foods CORP /DE/ 10-Q quarterly reports

Hormel Foods reports Q2 2026 net sales growth of 3% despite a $61 million pre-tax loss from the divestiture of its whole-bird turkey business.

Hormel Foods Corporation reported a 6.6% increase in net earnings per share for the first quarter of fiscal 2026, driven by strategic divestitures and pricing actions, despite a decline in Retail segment profit.

Hormel Foods Corporation reported a 5% increase in net sales for the third quarter of fiscal 2025, driven by strong brand performance, though segment profit declined across all segments due to higher input costs.

Hormel Foods Corporation reported a decrease in diluted earnings per share and gross profit for the second quarter and first six months of fiscal 2025, primarily driven by higher commodity input costs and a significant inventory build, even as net sales remained comparable or slightly increased.

Hormel Foods' first quarter 2025 earnings decreased by 23% due to higher costs and expenses, despite flat net sales.

Hormel Foods Corporation reported a 7% increase in diluted earnings per share for the third quarter of fiscal 2024, despite a 2% decrease in net sales.

Hormel Foods Corporation's second-quarter earnings declined by 15% to $0.34 per diluted share, impacted by lower sales in the Retail and International segments, despite growth in Foodservice.

Hormel Foods Corporation reported flat diluted earnings per share of $0.40 for the first quarter of fiscal 2024, with growth in the Foodservice segment offsetting declines in Retail and International.