Hormel Foods Corporation (HRL)
Summary
Hormel Foods Corporation (HRL) Q3 2026 Earnings Call Transcript
Hormel Foods Corporation (HRL) Q3 2026 Earnings Call Transcript
Hormel Foods Q3 Earnings Beat on Margin Expansion, Sales Miss
HRL beats third-quarter earnings estimates as margin expanded, but sales fall and miss expectations, prompting a lower fiscal 2026 revenue outlook.
Hormel Foods Q3 Earnings Call Highlights
Hormel Foods NYSE: HRL reported third-quarter fiscal 2026 adjusted earnings per share of $0.37, up 6% from the prior-year period, as improved operating margins and cost discipline helped offset a 2% decline in organic net sales.
Hormel Foods Corporation Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| DI David Izzi Brown, LISLE/CUMMINGS Inc. | 4,931 | $150,346.18 | $123,324.31 | -$27,021.87 | -17.97% |
 Curtis Ellergodt Rothschild Investment LLC | 2,995 | $88,860.94 | $75,144.55 | -$13,716.39 | -15.44% |
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 191,652 | $4.76M | $4.8M | $38,320.03 | 0.81% |
| PER Paul E. Rasmussen SIT INVESTMENT ASSOCIATES Inc. | 1,670 | $37,954.55 | $40,581 | $2,626.45 | 6.92% |
| ABB Alexander Bjornager Bonde Danske Bank A/S | 21,074 | $490,528.84 | $527,060.74 | $36,531.9 | 7.45% |
Hormel Foods Corporation (HRL) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has Hormel Foods Corporation ever had a stock split?
Hormel Foods Corporation Profile
| Food Products Industry | Consumer Staples Sector | Jeffrey Ettinger CEO | NYSE Exchange | 440452100 CUSIP |
| US Country | 20,000 Employees | 13 Jul 2026 Last Dividend | 10 Feb 2016 Last Split | 2 Jan 1990 IPO Date |
Overview
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.
Products and Services
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.
- Perishable Products: This category includes fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamoles, and bacons. These products are tailored to offer freshness and quality, catering to the immediate consumption needs of consumers.
- Shelf-Stable Products: Comprising canned luncheon meats, nut butters, snack nuts, chili, shelf-stable microwaveable meals, hash, stews, tortillas, salsas, tortilla chips, nutritional food supplements among others. These items are designed for longer shelf life without sacrificing taste or nutritional value, providing convenient meal solutions for consumers on the go.
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.
