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HRL

Hormel Foods Corp.

$50.64

Earnings Summary

Revenue
$3096.56Mn
Net Profits
$261.62Mn
Net Profit Margins
8.45%

Highlights

Revenue:

Hormel Foods Corp.’s revenue jumped 18.8% since last year same period to $3096.56Mn in the Q2 2022. On a quarterly growth basis, Hormel Foods Corp. has generated 1.71% jump in its revenue since last 3-months.

Net Profits:

Hormel Foods Corp.’s net profit jumped 14.79% since last year same period to $261.62Mn in the Q2 2022. On a quarterly growth basis, Hormel Foods Corp. has generated 9.2% jump in its net profits since last 3-months.

Net Profit Margins:

Hormel Foods Corp.’s net profit margin fell -3.37% since last year same period to 8.45% in the Q2 2022. On a quarterly growth basis, Hormel Foods Corp. has generated 7.36% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Hormel Foods Corp. post its latest quarter earnings

EPS Estimate Current Quarter
0.41
EPS Estimate Current Year
0.41

Highlights

EPS Estimate Current Quarter:

Hormel Foods Corp.’s earning per share (EPS) estimates for the current quarter stand at 0.41 - a -12.77% fall from last quarter’s estimates.

EPS Estimate Current Year:

Hormel Foods Corp.’s earning per share (EPS) estimates for the current year stand at 0.41.

Key Ratios

Key ratios of the Hormel Foods Corp. post its Q2 2022 earnings

Earning Per Share (EPS)
0.48

Highlights

Earning Per Share (EPS):

Hormel Foods Corp.’s earning per share (EPS) jumped 14.29% since last year same period to 0.48 in the Q2 2022. This indicates that the Hormel Foods Corp. has generated 14.29% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-03-08
0.44
0.44
0%
2022-06-02
0.47
0.48
2.13%

Company Information

Hormel Foods Corporation, based in Austin, Minn., is a global branded food company with over $9 billion in annual revenue across more than 80 countries worldwide. Its brands include SKIPPY®, SPAM®, Hormel® Natural Choice®, Applegate®, Justin's®, Wholly®, Hormel® Black Label®, Columbus® and more than 30 other beloved brands. The company is a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats, was named on the 'Global 2000 World's Best Employers' list by Forbes magazine for three straight years, is one of Fortune magazine's most admired companies, has appeared on Corporate Responsibility Magazine's 'The 100 Best Corporate Citizens' list for 12 years in a row, and has received numerous other awards and accolades for its corporate responsibility and community service efforts. The company lives by its purpose statement - Inspired People. Inspired Food.™ - to bring some of the world's most trusted and iconic brands to tables across the globe.

Organisation
Hormel Foods Corp.
Headquarters
Austin, Minnesota, US
Employees
19.1K
Industry
Consumer Non-Durables
CEO
Jeffrey Ettinger