Hormel Foods remains a Buy, with a conservative valuation and solid dividend yield supporting patient investors amid sector weakness. HRL delivered its sixth consecutive quarter of organic top-line growth, with Foodservice and International segments outperforming despite macro headwinds. Management maintains long-term targets of 2%-3% organic sales and 5%-7% operating income growth, while robust cash flow and a balance sheet provide flexibility.
From a technical perspective, Hormel Foods (HRL) is looking like an interesting pick, as it just reached a key level of support. HRL recently overtook the 200-day moving average, and this suggests a long-term bullish trend.
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Patient through the SPAM maker's painful slide from a $45 stock to the low $20s. Patient through missed earnings quarters, goodwill write-downs, and a turkey business that seemed to generate nothing but headaches.
Hormel Foods Corporation (HRL) Q2 2026 Earnings Call Transcript
Demand for Hormel's turkey brands are strong while Tyson's beef business posted an operating loss in the latest quarter.
Hormel Foods NYSE: HRL said its fiscal second-quarter results exceeded internal expectations, driven by organic sales growth across all three operating segments, improved margins and stronger manufacturing performance, particularly in turkey operations.
Hormel Foods tops Q2 estimates as sales rise 2.5% on pricing, organic growth and stronger Retail, Foodservice and International profits.
While the top- and bottom-line numbers for Hormel (HRL) give a sense of how the business performed in the quarter ended April 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Hormel Foods (HRL) came out with quarterly earnings of $0.4 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.35 per share a year ago.
Hormel Foods reported a lower profit in the second quarter and said its full-year profit would be lower than expected, despite reporting progress in its turnaround strategy.
Skippy peanut butter maker Hormel Foods beat second-quarter sales and profit estimates on Thursday, helped by strong demand for its chicken and turkey products.