Hormel Foods (HRL)
Branded meats, snacks and pantry foods sold across retail, foodservice and international channels.
$20.38
After hours+0.04 (+0.20%)
At close$20.34(−0.59%)
In millions of USD, except per-share figures
| In millions | Q4 FY23Oct 2023 | Q1 FY24Jan 2024 | Q2 FY24Apr 2024 | Q3 FY24Jul 2024 | Q4 FY24Oct 2024 | Q1 FY25Jan 2025 | Q2 FY25Apr 2025 | Q3 FY25Jul 2025 | Q4 FY25Oct 2025 | Q1 FY26Jan 2026 | Q2 FY26Apr 2026 | Q3 FY26Jul 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3,198 | 2,997 | 2,887 | 2,898 | 3,138 | 2,989 | 2,899 | 3,033 | 3,186 | 3,027 | 2,973 | 2,961 |
| Cost of revenue | 2,684 | 2,488 | 2,384 | 2,410 | 2,617 | 2,514 | 2,414 | 2,546 | 2,741 | 2,558 | 2,454 | 2,490 |
| Gross profit | 514 | 509 | 504 | 488 | 521 | 475 | 484 | 487 | 445 | 470 | 519 | 472 |
| 244 | 224 | 251 | 252 | 227 | 247 | 236 | 248 | 443 | 226 | 301 | 361 | |
| 217 | 240 | 267 | 260 | 239 | 263 | 251 | 259 | 223 | 242 | 319 | 324 | |
| General & administrative | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 324 |
| Other expenses | 28 | −16 | −15 | −8 | −12 | −16 | −15 | −11 | 219 | −16 | −17 | 37 |
| Operating income | 270 | 284 | 252 | 237 | 294 | 228 | 248 | 240 | 2 | 244 | 217 | 111 |
| −24 | 1 | −8 | −11 | −14 | −10 | −18 | −3 | −24 | −9 | −11 | −8 | |
| Interest income | −6 | 19 | 13 | 10 | 5 | 9 | 2 | 16 | −3 | 7 | 6 | 7 |
| Interest expense | 18 | 18 | 22 | 21 | 19 | 19 | 20 | 19 | 20 | 20 | 20 | 20 |
| Other non-operating income | 6 | −19 | −13 | −10 | −5 | −9 | −2 | −16 | 4 | −10 | −9 | −12 |
| Income before tax | 246 | 286 | 244 | 226 | 280 | 218 | 230 | 237 | −22 | 234 | 206 | 103 |
| Income tax expense | 50 | 67 | 55 | 49 | 60 | 48 | 51 | 53 | 35 | 53 | 49 | 44 |
| Net income from continuing operations | 195 | 219 | 189 | 177 | 220 | 171 | 180 | 184 | −56 | 182 | 157 | 60 |
| Net income | 196 | 219 | 189 | 177 | 220 | 171 | 180 | 184 | −56 | 182 | 157 | 60 |
| EPS, basic | $0.36 | $0.40 | $0.35 | $0.32 | $0.40 | $0.31 | $0.33 | $0.33 | −$0.10 | $0.33 | $0.29 | $0.11 |
| EPS, diluted | $0.36 | $0.40 | $0.34 | $0.32 | $0.40 | $0.31 | $0.33 | $0.33 | −$0.10 | $0.33 | $0.29 | $0.11 |
| Weighted average shares, basic | 547 | 547 | 548 | 549 | 549 | 549 | 550 | 550 | 551 | 550 | 551 | 551 |
| Weighted average shares, diluted | 548 | 548 | 549 | 549 | 549 | 550 | 551 | 550 | 551 | 551 | 551 | 551 |
| EBITDA | 301 | 368 | 329 | 311 | 366 | 303 | 314 | 321 | 67 | 321 | 295 | 189 |
| Depreciation & amortization | 37 | 64 | 64 | 64 | 66 | 66 | 64 | 65 | 69 | 67 | 69 | 66 |
| EBIT | 264 | 304 | 266 | 247 | 299 | 238 | 250 | 256 | −2 | 254 | 226 | 123 |
