Hormel Foods Corporation ( HRL ) Q4 2025 Earnings Call December 4, 2025 9:00 AM EST Company Participants Jess Blomberg - Director of Investor Relations Jeffrey Ettinger - Interim CEO & Director Paul Kuehneman - Interim Chief Financial Officer & Controller John Ghingo - President & Director Conference Call Participants Michael Lavery - Piper Sandler & Co., Research Division Thomas Palmer - JPMorgan Chase & Co, Research Division Benjamin Theurer - Barclays Bank PLC, Research Division Heather Jones - Heather Jones Research LLC Pooran Sharma - Stephens Inc., Research Division Leah Jordan - Goldman Sachs Group, Inc., Research Division Max Andrew Gumport - BNP Paribas, Research Division Erica Eiler - Oppenheimer & Co. Inc., Research Division Yasmine Deswandhy - BofA Securities, Research Division Presentation Operator Good morning, ladies and gentlemen, and welcome to the Hormel Corporation's Fourth Quarter Earnings Call. [Operator Instructions] This call is being recorded on Thursday, December 4, 2025.
Hormel Foods Corporation faces sector-wide headwinds from shifting consumer preferences and inflation, impacting more processed product segments. HRL's turkey segment aligns well with secular trends toward protein and healthier foods, providing a relative bright spot in the portfolio. Recent leadership changes could introduce elevated execution risk, as the unusual dual‑leadership model may be disruptive to focus.
HRL posts a fourth-quarter earnings beat and modest sales growth, as segment results reveal mixed trends across retail, foodservice and international.
| - Industry | - Sector | Jeffrey M. Ettinger CEO | XSTU Exchange | US4404521001 ISIN |
| US Country | 20,000 Employees | 12 Jan 2026 Last Dividend | 10 Feb 2016 Last Split | 2 Jan 1990 IPO Date |
Hormel Foods Corporation, a major player in the food processing and distribution industry, specializes in offering a wide range of meat, nuts, and other food products to an expansive customer base that includes retail, foodservice, deli, and commercial sectors both within the United States and globally. With operations strategically divided into three key segments: Retail, Foodservice, and International, the company is dedicated to catering to the diverse demands of its clientele by providing high-quality, perishable, and shelf-stable food products. Originally established as Geo. A. Hormel & Company in 1891, the organization underwent a rebranding to Hormel Foods Corporation in January 1995, signaling a broadened focus and commitment to innovation in food products. With its headquarters in Austin, Minnesota, Hormel Foods has cultivated a longstanding reputation for excellence, built over more than a century in the industry.
Hormel Foods Corporation offers an extensive portfolio of products across its operations, categorized into perishable and shelf-stable products. Each category encompasses a range of items aimed at meeting the versatile needs of its targeted markets.
These diverse product offerings are sold under a myriad of well-known and trusted brands such as HORMEL, ALWAYS TENDER, APPLEGATE, BACON 1, BLACK LABEL, and SKIPPY, to mention a few. Sales are facilitated through a combination of sales personnel, independent brokers, and distributors, ensuring a broad market reach both in the United States and internationally. This vast range of products and brands underscores Hormel Foods Corporation's commitment to diversity in its offerings, ensuring there is something for every market segment it serves.