Hormel (HRL) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
I recently completed a review of high dividend packaged food companies based on a matrix of factors including forward yield, payout ratio, value, growth, profitability, and financial strength. Hormel did not compare favorably to many of its peers, but stands out as a Dividend King trading at a discount. Many investors might rightly expect solid long-term performance from a Dividend King; Hormel's total return was a net loss almost 40% over the last three years.
HRL tops first-quarter EPS estimates as sales edge up 1.3%, but margins tighten and volumes fall despite Foodservice and International strength.
Hormel Foods Corporation (HRL) Q1 2026 Earnings Call Transcript
Hormel Foods Corporation reported mixed Q1 results, showing relatively weak overall earnings but guiding a more stable FY2026 outlook. The retail segment showed a steep decline in sales volume, combining with limited pricing power. HRL's positioning in foodservice and international markets has remained better, proven by strong pricing power.
The headline numbers for Hormel (HRL) give insight into how the company performed in the quarter ended January 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Hormel Foods (HRL) came out with quarterly earnings of $0.34 per share, beating the Zacks Consensus Estimate of $0.32 per share. This compares to earnings of $0.35 per share a year ago.
Hormel Foods logged higher profit and revenue in its fiscal first quarter, as the steps it has taken to improve profitability are starting to yield results.
HRL's first-quarter results are likely to show modest sales growth, but elevated beef costs and turkey constraints may pressure earnings.
Hormel Foods is reshaping its portfolio with a strategic divestiture to boost profitability and focus on value-added protein offerings.
Hormel Foods Corporation (HRL) Presents at Consumer Analyst Group of New York Conference 2026 Prepared Remarks Transcript
HRL posts Q1 prelim sales of $3 billion with 2% organic growth and reaffirms fiscal 2026 outlook as it advances protein-focused strategy.