HRL earnings
Hormel Foods Corporation (HRL) earnings releases and earnings dates - real-time wire coverage of every quarterly report.
Recent earnings items
- HORMEL FOODS REPORTS STRONG SECOND QUARTER FISCAL 2026 RESULTSCompany Delivers Sixth Consecutive Quarter of Organic Top-Line Growth, GAAP EPS of $0.29 and Double-Digit Growth in Adjusted EPS1AUSTIN, Minn., May 28, 2026 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today reported results for the second quarter of fiscal 2026, which ended April 26, 2026. All comparisons are to the comparable period of fiscal 2025, unless otherwise noted. EXECUTIVE SUMMARY — SECOND QUARTERNet sales of $2.97 billion; organic net sales1 up 3%Operating income of $217 million; adjusted operating income1 of $294 m
- Hormel Foods Corporation Announces Second Quarter Earnings CallAUSTIN, Minn., May 4, 2026 /PRNewswire/ -- Hormel Foods Corporation (NYSE:HRL), a Fortune 500 global branded food company, invites interested parties to participate in a webcast and conference call with Jeff Ettinger, interim chief executive officer; John Ghingo, president; and Paul Kuehneman, interim chief financial officer and controller, to discuss the Company's second quarter financial results. The Company will issue its earnings release before the markets open on Thursday, May 28, 2026, and will host a conference call at 8 a.m. CT (9 a.m. ET). The live webcast, replay, and
- HORMEL FOODS REPORTS FIRST QUARTER FISCAL 2026 RESULTSCompany Achieves Net Sales of $3 billion and Organic Net Sales1 Growth of 2%Company Reports Diluted EPS of $0.33; Adjusted Diluted EPS1 of $0.34Updates GAAP Guidance; Reiterates Adjusted Full Year Fiscal 2026 GuidanceAUSTIN, Minn., Feb. 26, 2026 /PRNewswire/ -- Hormel Foods Corporation (NYSE:HRL), a Fortune 500 global branded food company, today reported results for the first quarter of fiscal 2026, which ended January 25, 2026. All comparisons are to the comparable period of fiscal 2025, unless otherwise noted. EXECUTIVE SUMMARY — FIRST QUARTERNet sales of $3.03 billion; organi
- Hormel Foods Announces Preliminary First Quarter 2026 Results and Reaffirms Full-Year Adjusted GuidanceExpects Q1 Net Sales of $3 billion; Organic Net Sales1 Growth of 2%Expects Q1 Diluted EPS of $0.33; Adjusted Diluted EPS1 of $0.34Separately Announces Definitive Agreement to Sell Its Whole-Bird Turkey BusinessPresenting at the 2026 Consumer Analyst Group of New York (CAGNY) ConferenceAUSTIN, Minn., Feb. 17, 2026 /PRNewswire/ -- Hormel Foods Corporation (NYSE:HRL), a Fortune 500 global branded food company, announced today preliminary first quarter fiscal 2026 results ahead of its presentation at the CAGNY conference on Wednesday, Feb. 18, 2026, at 4 p.m. ET, and reaffirmed its expected organic net sales1 and adjusted diluted earnings per share1 guidance for fiscal 2026.
- Hormel Foods Corporation Announces First Quarter Earnings Call and Participation in 2026 CAGNY ConferenceAUSTIN, Minn., Feb. 2, 2026 /PRNewswire/ -- Hormel Foods Corporation (NYSE:HRL), a Fortune 500 global branded food company, today announced its participation at the upcoming 2026 Consumer Analyst Group of New York (CAGNY) Conference and confirmed key details for the fiscal 2026 first quarter earnings call. CAGNY ConferenceHormel Foods will deliver its presentation at the 2026 CAGNY Conference in Orlando, Fla., on Wednesday, Feb. 18, 2026, at 4 p.m. ET. The live webcast, replay, and other information related to presentation will be available on the Hormel Foods investor website
- HORMEL FOODS REPORTS FOURTH QUARTER AND FULL-YEAR FISCAL 2025 RESULTSTop-Line Strength Continues; Company Sees Clear Path for Profitable Growth in Fiscal 2026 AUSTIN, Minn., Dec. 4, 2025 /PRNewswire/ -- Hormel Foods Corporation (NYSE:HRL), a Fortune 500 global branded food company, today reported fourth quarter and full-year fiscal 2025 results. All comparisons are to the same period of fiscal 2024 unless otherwise noted. EXECUTIVE SUMMARY – FISCAL 2025 Net sales of $12.1 billion; organic net sales1 up 2%Operating income of $719 million; adjusted operating income1 of $1,019 millionOperating margin of 5.9%; adjusted operating margin1 of 8.4%Earn
- Hormel Foods Corporation to Hold Fourth-Quarter Earnings Conference CallAUSTIN, Minn., Nov. 11, 2025 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, invites interested parties to participate in a webcast and conference call with Jeff Ettinger, interim chief executive officer; John Ghingo, president; and Paul Kuehneman, interim chief financial officer and controller, to discuss the Company's fourth quarter and full-year financial results, and provide commentary related to its fiscal 2026 outlook. The Company will issue its earnings release before the markets open on Thursday, Dec. 4, 2025, and will host a conference call at 8 a.m. CT (9 a.m. ET).
- Hormel Foods Corporation Announces Leadership Appointment and Provides Business UpdatesAUSTIN, Minn., Oct. 29, 2025 /PRNewswire/ -- Leadership Appointment Hormel Foods Corporation (NYSE:HRL) today announced the appointment of Paul Kuehneman as interim chief financial officer and controller, effective October 27, 2025. He will report to Jeff Ettinger, interim chief executive officer, and is accountable for the Company's accounting, finance, treasury, and internal controls functions. With more than 30 years of business and finance experience at Hormel Foods, Kuehneman has held a variety of leadership roles, including director of internal audit, vice president and
- HORMEL FOODS REPORTS THIRD QUARTER FISCAL 2025 RESULTSCompany Delivered Strong Top-Line Results; Leadership Aligned on a Clear Mission of Profitable Growth AUSTIN, Minn., Aug. 28, 2025 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today reported results for the third quarter of fiscal 2025, which ended July 27, 2025. All comparisons are to the comparable period of fiscal 2024, unless otherwise noted. EXECUTIVE SUMMARY — THIRD QUARTER Net sales of $3.03 billion; organic net sales1 up 6%Operating income of $240 million; adjusted operating income1 of $254 millionOperating margin of
- Hormel Foods Corporation to Hold Third Quarter Earnings Conference CallAUSTIN, Minn., Aug. 4, 2025 /PRNewswire/ -- Hormel Foods Corporation (NYSE:HRL), a Fortune 500 global branded food company, invites interested parties to participate in a webcast and conference call with Jeff Ettinger, interim chief executive officer; John Ghingo, president; and Jacinth Smiley, executive vice president and chief financial officer; to discuss the Company's third quarter financial results. The Company will issue its earnings release before the markets open on Thursday, August 28, 2025, and will host a conference call at 8 a.m. CT (9 a.m. ET). The webcast, replay
- HORMEL FOODS REPORTS SECOND QUARTER FISCAL 2025 RESULTSCompany Achieved Solid Top-Line Growth; Positioned for Strong Second Half Narrows Fiscal 2025 Net Sales and Earnings Outlook AUSTIN, Minn., May 29, 2025 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today reported results for the second quarter of fiscal 2025, which ended April 27, 2025. All comparisons are to the comparable period of fiscal 2024, unless otherwise noted. EXECUTIVE SUMMARY — FIRST HALF Net sales of $5.89 billion; organic net sales1 up 1%Operating income of $477 million; adjusted operating income1 of $519 millio
- Hormel Foods Corporation to Hold Second Quarter Earnings Conference CallAUSTIN, Minn., May 6, 2025 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, invites interested parties to participate in a webcast and conference call with Jim Snee, president and chief executive officer; Jacinth Smiley, executive vice president and chief financial officer; and John Ghingo, executive vice president, Retail; to discuss the Company's second quarter financial results. The Company will issue its earnings release before the markets open on Thursday, May 29, 2025, and will host a conference call at 8 a.m. CT (9 a.m. ET).
- HORMEL FOODS REPORTS FIRST QUARTER FISCAL 2025 RESULTSStrength of Value-Added Portfolio Results in Solid Top-Line Performance Company Reaffirms Fiscal 2025 Net Sales and Adjusted Diluted Earnings Per Share Expectations AUSTIN, Minn., Feb. 27, 2025 /PRNewswire/ -- Hormel Foods Corporation (NYSE:HRL), a Fortune 500 global branded food company, today reported results for the first quarter of fiscal 2025, which ended January 26, 2025. All comparisons are to the comparable period of fiscal 2024, unless otherwise noted. EXECUTIVE SUMMARY — FIRST QUARTER Net sales of $2.99 billion; organic net sales1 up 1%Operating income of $228 milli
- Hormel Foods Corporation to Hold First Quarter Earnings Conference CallAUSTIN, Minn., Feb. 4, 2025 /PRNewswire/ -- Hormel Foods Corporation (NYSE:HRL), a Fortune 500 global branded food company, invites interested parties to participate in a webcast and conference call with Jim Snee, president and chief executive officer; Jacinth Smiley, executive vice president and chief financial officer; and John Ghingo, executive vice president, Retail; to discuss the Company's first quarter financial results. The Company will issue its earnings release before the markets open on Thursday, February 27, 2025, and will host a conference call at 8:30 a.m. CT (9:30 a.m. ET).
- HORMEL FOODS REPORTS FOURTH QUARTER AND FULL-YEAR FISCAL 2024 RESULTSStrength in Value-Added Portfolio and $75 million in Operating Income Benefit from Transform and Modernize Initiative Results in Record Operating Cash Flow AUSTIN, Minn., Dec. 4, 2024 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today reported fourth quarter and full-year fiscal 2024 results. All comparisons are to the fourth quarter of fiscal 2023 unless otherwise noted. EXECUTIVE SUMMARY – FISCAL 2024 Net sales of $11.9 billionOperating income of $1.1 billion; adjusted operating income1 of $1.1 billionOperating margin of 9.
- Hormel Foods Corporation to Hold Fourth Quarter Earnings Conference CallAUSTIN, Minn., Nov. 8, 2024 /PRNewswire/ -- Hormel Foods Corporation (NYSE:HRL), a Fortune 500 global branded food company, invites interested parties to participate in a webcast and conference call with Jim Snee, chairman of the board, president and chief executive officer; Jacinth Smiley, executive vice president and chief financial officer; John Ghingo, executive vice president, Retail; and Nathan Annis vice president, corporate development; to discuss the Company's fourth quarter financial results, full-year financial results, and transform and modernize initiative. The Company will issue its earnings release before the markets open on Wednesday, December 4, 2024, and will host a confer
- HORMEL FOODS REPORTS THIRD QUARTER FISCAL 2024 RESULTSDelivers better-than-expected earnings and sees growing benefits from transform and modernize initiative AUSTIN, Minn., Sept. 4, 2024 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today reported results for the third quarter of fiscal 2024, ended July 28, 2024. All comparisons are to the comparable period of fiscal 2023, unless otherwise noted. EXECUTIVE SUMMARY — THIRD QUARTER Volume of 1.02 billion lbs.Net sales of $2.90 billionOperating income of $237 million; adjusted operating income1 of $267 millionOperating margin of 8.
- Hormel Foods Corporation to Hold Third Quarter Earnings Conference CallAUSTIN, Minn., Aug. 5, 2024 /PRNewswire/ -- Hormel Foods Corporation (NYSE:HRL), a Fortune 500 global branded food company, invites interested parties to participate in a webcast and conference call with Jim Snee, chairman of the board, president and chief executive officer; Jacinth Smiley, executive vice president and chief financial officer; and Deanna Brady, executive vice president, Retail; to discuss the Company's third quarter financial results. The Company will issue its earnings release before the markets open on Wednesday, September 4, 2024, and will host a conference call at 8 a.m. CT (9 a.m. ET).
- HORMEL FOODS REPORTS SECOND QUARTER FISCAL 2024 RESULTSDelivers better-than-expected first-half earnings; advances transform and modernize initiative AUSTIN, Minn., May 30, 2024 /PRNewswire/ -- Hormel Foods Corporation (NYSE:HRL), a Fortune 500 global branded food company, today reported results for the second quarter of fiscal 2024, ended April 28, 2024. All comparisons are to the comparable period of fiscal 2023, unless otherwise noted. EXECUTIVE SUMMARY — FIRST HALF Volume of 2.16 billion lbs., comparable to last yearNet sales of $5.88 billion, compared to $5.95 billionOperating income of $537 million, compared to $585 million;
- Hormel Foods Corporation to Hold Second Quarter Earnings Conference CallAUSTIN, Minn., May 1, 2024 /PRNewswire/ -- Hormel Foods Corporation (NYSE:HRL), a Fortune 500 global branded food company, invites interested parties to participate in a webcast and conference call with Jim Snee, chairman of the board, president and chief executive officer; Jacinth Smiley, executive vice president and chief financial officer; and Deanna Brady, executive vice president, Retail; to discuss the Company's second quarter financial results. The Company will issue its earnings release before the markets open on Thursday, May 30, 2024, and will host a conference call at 8 a.m. CT (9 a.m. ET).
- HORMEL FOODS REPORTS FIRST QUARTER FISCAL 2024 RESULTSCompany delivers volume growth across all segments; reaffirms full-year guidance AUSTIN, Minn., Feb. 29, 2024 /PRNewswire/ -- Hormel Foods Corporation (NYSE:HRL), a Fortune 500 global branded food company, today reported results for the first quarter of fiscal 2024 ending Jan. 28, 2024. All comparisons are to the first quarter of fiscal 2023 unless otherwise noted. EXECUTIVE SUMMARY — FIRST QUARTER Volume of 1.1 billion lbs., up 4%Net sales of $3.0 billion, up 1%Operating income of $284 million, down 2%; adjusted operating income1 of $295 million, up 2%Operating margin of 9.5%
- Hormel Foods Corporation to Hold First Quarter Earnings Conference CallAUSTIN, Minn., Feb. 1, 2024 /PRNewswire/ -- Hormel Foods Corporation (NYSE:HRL), a Fortune 500 global branded food company, invites interested parties to participate in a webcast and conference call with Jim Snee, chairman of the board, president and chief executive officer; Jacinth Smiley, executive vice president and chief financial officer; and Deanna Brady, executive vice president, Retail; to discuss the Company's first quarter financial results. The Company will issue its earnings release before the markets open on Thursday, February 29, 2024, and will host a conference call at 8 a.m. CT (9 a.m. ET).
- HORMEL FOODS REPORTS FOURTH QUARTER AND FULL-YEAR FISCAL 2023 RESULTSCompany is investing in transformation to accelerate growth as a global branded food company AUSTIN, Minn., Nov. 29, 2023 /PRNewswire/ -- Hormel Foods Corporation (NYSE:HRL), a Fortune 500 global branded food company, today reported fourth quarter and full-year fiscal 2023 results. All comparisons are to the fourth quarter of fiscal 2022 unless otherwise noted. EXECUTIVE SUMMARY - FISCAL 2023 Net sales of $12.1 billionOperating income of $1.1 billion; adjusted operating income1 of $1.2 billionOperating margin of 8.9%; adjusted operating margin1 of 9.8%Earnings before income ta
- HORMEL FOODS REPORTS THIRD QUARTER FISCAL 2023 RESULTSCompany delivers volume growth in each segment and makes further progress on key initiatives AUSTIN, Minn., Aug. 31, 2023 /PRNewswire/ -- Hormel Foods Corporation (NYSE:HRL), a Fortune 500 global branded food company, today reported results for the third quarter of fiscal 2023. All comparisons are to the third quarter of fiscal 2022 unless otherwise noted. EXECUTIVE SUMMARY — THIRD QUARTER Net sales of $3.0 billionOperating income of $217 million, reflecting the impact of an adverse arbitration ruling totaling $70 million; adjusted operating income1 of $287 millionOperating ma
- Hormel Foods Corporation to Hold Third Quarter Earnings Conference CallAUSTIN, Minn., July 31, 2023 /PRNewswire/ -- Hormel Foods Corporation (NYSE:HRL), a Fortune 500 global branded food company, invites interested parties to participate in a webcast and conference call with Jim Snee, chairman of the board, president and chief executive officer; Jacinth Smiley, executive vice president and chief financial officer; and Deanna Brady, executive vice president, Retail; to discuss the company's third quarter financial results. The company will issue its earnings release before the markets open on Thursday, August 31, 2023, and will host a conference call at 8 a.m. CT (9 a.m. ET).
- Hormel Foods to Participate in Investor Conferences and Announces Date of 2023 Investor DayAUSTIN, Minn., June 5, 2023 /PRNewswire/ -- Hormel Foods Corporation (NYSE:HRL), a Fortune 500 global branded food company, today announced participation in the following investor conferences and its investor day event: 2023 Baird Global Consumer, Technology & Services Conference on Wednesday, June 7, 2023, at 1:35 p.m. CT (2:35 p.m. ET). Representing Hormel Foods will be Jim Snee, chairman of the board, president and chief executive officer, and Jacinth Smiley, executive vice president and chief financial officer.2023 Oppenheimer Consumer Growth & E-Commerce Conference on Wed
- HORMEL FOODS REPORTS SECOND QUARTER FISCAL 2023 RESULTSThe Company reaffirms full-year net sales and earnings guidance and announces progress on key initiatives. AUSTIN, Minn., June 1, 2023 /PRNewswire/ -- Hormel Foods Corporation (NYSE:HRL), a Fortune 500 global branded food company, today reported results for the second quarter of fiscal 2023. All comparisons are to the second quarter of fiscal 2022 unless otherwise noted. EXECUTIVE SUMMARY — SECOND QUARTER Net sales of $3.0 billionOperating income of $296 millionOperating margin of 9.9%Earnings before income taxes of $279 millionEffective tax rate of 22.1%Diluted net earnings
- Hormel Foods Corporation to Hold Second Quarter Earnings Conference CallAUSTIN, Minn., May 1, 2023 /PRNewswire/ -- Hormel Foods Corporation (NYSE:HRL), a Fortune 500 global branded food company, invites interested parties to participate in a webcast and conference call with Jim Snee, chairman of the board, president and chief executive officer; Jacinth Smiley, executive vice president and chief financial officer; and Deanna Brady, executive vice president, Retail; to discuss the company's second quarter financial results. The company will issue its earnings release before the markets open on Thursday, June 1, 2023, and will host a conference call at 8:00 a.m. CT (9:00 a.m. ET).
- HORMEL FOODS REPORTS FIRST QUARTER FISCAL 2023 RESULTSAUSTIN, Minn., March 2, 2023 /PRNewswire/ -- Hormel Foods Corporation (NYSE:HRL), a Fortune 500 global branded food company, today reported results for the first quarter of fiscal 2023. Effective Oct. 31, 2022, the Company transitioned to three operating segments – Retail, Foodservice and International. The Company provided recast financial information for fiscal years 2021 and 2022 via a Form 8-K filed with the U.S. Securities and Exchange Commission on Feb. 28, 2023. All comparisons are to the first quarter of fiscal 2022 unless otherwise noted. EXECUTIVE SUMMARY - FIRST QUA
- Hormel Foods Corporation Sets Dates to Issue Recast Financial Information and Hold First Quarter Earnings Conference CallAUSTIN, Minn., Feb. 8, 2023 /PRNewswire/ -- Hormel Foods Corporation (NYSE:HRL), a Fortune 500 global branded food company, plans to release recast historical financial information in connection with its new operating model, GoFWD, on Feb. 28, 2023. Additionally, the company plans to hold a webcast at 4 p.m. CT (5 p.m. ET) to discuss its new financial reporting structure. The company is also inviting interested parties to participate in a webcast and conference call with Jim Snee, chairman of the board, president and chief executive officer; Jacinth Smiley, executive vice pres
- HORMEL FOODS REPORTS RECORD SALES AND DOUBLE-DIGIT EARNINGS GROWTH IN FISCAL 2022; EXPECTS CONTINUED SALES AND EARNINGS GROWTH IN FISCAL 2023AUSTIN, Minn., Nov. 30, 2022 /PRNewswire/ -- Hormel Foods Corporation (NYSE:HRL), a Fortune 500 leading global branded food company, today reported results for the fourth quarter of fiscal 2022. The fourth quarter and full year of 2022 reflect one fewer week compared to the prior year. All comparisons are to the fourth quarter of fiscal 2021 unless otherwise noted. EXECUTIVE SUMMARY - FISCAL 2022 Record net sales of $12.5 billion, up 9%; organic net sales1 up 6%, excluding the partial-year impact of the Planters® snack nuts business and an additional week last yearOperating in
- Hormel Foods Corporation Announces Fourth Quarter Earnings Conference Call and WebcastAUSTIN, Minn., Nov. 7, 2022 /PRNewswire/ -- Hormel Foods Corporation (NYSE:HRL), a Fortune 500 global branded food company, invites you to participate in a webcast and conference call with Jim Snee, chairman of the board, president and chief executive officer, and Jacinth Smiley, executive vice president and chief financial officer, to discuss the company's fourth quarter and full-year financial results. The company will issue its earnings press release before the markets open on Wednesday, Nov. 30, 2022, and will host a conference call at 8 a.m. CT (9 a.m. ET). The webcast, r
- HORMEL FOODS REPORTS THIRD QUARTER RESULTS AND REVISES FULL YEAR SALES AND EARNINGS GUIDANCEThe company delivers its seventh consecutive quarter of record sales and fourth consecutive quarter of earnings growth AUSTIN, Minn., Sept. 1, 2022 /PRNewswire/ -- Hormel Foods Corporation (NYSE:HRL), a leading global branded food company, today reported results for the third quarter of fiscal 2022. All comparisons are to the third quarter of fiscal 2021 unless otherwise noted. EXECUTIVE SUMMARY - THIRD QUARTERRecord net sales of $3.0 billion, up 6%; organic net sales1 up 3%Operating income of $291 million, up 40%; up 17% compared to adjusted operating income1 of $248 million
- Hormel Foods Corporation to Report Third Quarter Earnings and Participate in the 2022 Barclays Global Consumer Staples ConferenceAUSTIN, Minn., Aug. 8, 2022 /PRNewswire/ -- Hormel Foods Corporation (NYSE:HRL) invites you to participate in a webcast and conference call with Jim Snee, chairman of the board, president and chief executive officer, and Jacinth Smiley, executive vice president and chief financial officer, to discuss the company's third quarter financial results. The company will issue its earnings press release before the markets open on Thursday, September 1, 2022, and will host a conference call at 8:00 a.m. CT (9:00 a.m. ET). Additionally, the company announced that Jim Snee and Jacinth Sm
- HORMEL FOODS REPORTS RECORD SALES AND DOUBLE-DIGIT EARNINGS GROWTH IN THE SECOND QUARTERThe company reaffirms its full-year sales expectations and narrows its earnings guidance range AUSTIN, Minn., June 2, 2022 /PRNewswire/ -- Hormel Foods Corporation (NYSE:HRL), a leading global branded food company, today reported results for the second quarter of fiscal 2022. All comparisons are to the second quarter of fiscal 2021 unless otherwise noted. EXECUTIVE SUMMARY SECOND QUARTER Volume of 1.2 billion lbs., down 2%; organic volume1 down 8%Record net sales of $3.1 billion, up 19%; organic net sales1 up 10%Operating income of $335 million, up 16%Operating margin of 10.8%
- Updated Time: Hormel Foods Corporation Announces Second Quarter Earnings Conference Call and WebcastAUSTIN, Minn., May 19, 2022 /PRNewswire/ -- Hormel Foods Corporation (NYSE:HRL) invites you to participate in a webcast and conference call with Jim Snee, chairman of the board, president and chief executive officer, and Jacinth Smiley, executive vice president and chief financial officer, to discuss the company's second quarter financial results. The company will issue its earnings press release before the markets open on Thursday, June 2, 2022, and will host a conference call scheduled to begin at 7:00 a.m. CT (8:00 a.m. ET). WHEN: Thursday, June 2, 2022 7:00 a.m. CT (8:00 a
- Hormel Foods Corporation Announces Second Quarter Earnings Conference Call and WebcastAUSTIN, Minn., May 9, 2022 /PRNewswire/ -- Hormel Foods Corporation (NYSE:HRL) invites you to participate in a webcast and conference call with Jim Snee, chairman of the board, president and chief executive officer, and Jacinth Smiley, executive vice president and chief financial officer, to discuss the company's second quarter financial results. The company will issue its earnings press release before the markets open on Thursday, June 2, 2022, and will host a conference call at 8:00 a.m. CT (9:00 a.m. ET). WHEN: Thursday, June 2, 2022 8:00 a.m. CT (9:00 a.m. ET) WEBCAST: To
- HORMEL FOODS REPORTS RECORD FIRST QUARTER SALES AND REAFFIRMS FULL YEAR SALES AND EARNINGS GUIDANCEAUSTIN, Minn., March 1, 2022 /PRNewswire/ -- Hormel Foods Corporation (NYSE:HRL), a leading global branded food company, today reported results for the first quarter of fiscal 2022. All comparisons are to the first quarter of fiscal 2021 unless otherwise noted. EXECUTIVE SUMMARY - FIRST QUARTER Volume of 1.2 billion lbs., up 2%; organic volume1 down 4% Record net sales of $3.0 billion, up 24%; organic net sales1 up 13% Operating income of $320 million, up 19% Operating margin of 10.5%, compared to 10.9% last year Pretax earnings of $309 million, up 11% Effective tax rate of 22
- Hormel Foods Corporation Announces First Quarter Earnings Conference Call and WebcastAUSTIN, Minn., Feb. 7, 2022 /PRNewswire/ -- Hormel Foods Corporation (NYSE:HRL) invites you to participate in a webcast and conference call with Jim Snee, chairman of the board, president and chief executive officer, and Jacinth Smiley, executive vice president and chief financial officer, to discuss the company's first quarter financial results. The company will issue its earnings press release before the markets open on Tuesday, March 1, 2022, and will host a conference call at 9:00 a.m. CT (10:00 a.m. ET). WHEN: Tuesday, March 1, 2022 9:00 a.m. CT (10:00 a.m. ET) WEBCAST: T
- Hormel Foods Reports Record Fourth Quarter Sales And Earnings With Double-Digit Sales Growth From Every SegmentAUSTIN, Minn., Dec. 9, 2021 /PRNewswire/ -- Hormel Foods Corporation (NYSE:HRL), a leading global branded food company, today reported results for the fourth quarter of fiscal 2021. The fourth quarter and full year of 2021 contain an extra week as compared to the prior year. All comparisons are to the fourth quarter of fiscal 2020 unless otherwise noted. EXECUTIVE SUMMARY - FOURTH QUARTER Volume of 1.4 billion lbs., up 14%; organic volume1 up 8% Record net sales of $3.5 billion, up 43%; organic net sales1 up 32% Operating income of $358 million, up 29% Operating margin of 10.4
- Hormel Foods Corporation Announces Fourth Quarter Earnings Conference Call and WebcastAUSTIN, Minn., Nov. 8, 2021 /PRNewswire/ -- Hormel Foods Corporation (NYSE:HRL) announced today that it will host a conference call and webcast beginning at 8:00 a.m. CT (9:00 a.m. ET) on Thursday, December 9, 2021, to discuss its 2021 fourth quarter and full-year financial results. The company will issue its earnings press release around 5:30 a.m. CT (6:30 a.m. ET). WHEN: Thursday, December 9, 2021 8:00 a.m. CT (9:00 a.m. ET) WEBCAST: To listen to a live webcast of the conference call, go to the company's website, http://www.hormelfoods.com, click on Investors, and you
- Hormel Foods Reports Third Quarter Results And Updates Full Year Earnings Guidance RangeAUSTIN, Minn., Sept. 2, 2021 /PRNewswire/ -- Hormel Foods Corporation (NYSE:HRL), a leading global branded food company, today reported results for the third quarter of fiscal 2021. All comparisons are to the third quarter of fiscal 2020 unless otherwise noted. EXECUTIVE SUMMARY - THIRD QUARTER Volume of 1.2 billion lbs., up 1%; organic volume1 down 2% Record net sales of $2.9 billion, up 20%; organic net sales1 up 14% Net sales growth from all four segments and all four sales channels Net sales up 25% compared to 2019 pre-pandemic levels Operating income of $207 million, down
- Hormel Foods Corporation Announces Date of 2021 Virtual Investor Update PresentationAUSTIN, Minn., Aug. 23, 2021 /PRNewswire/ -- Hormel Foods Corporation (NYSE:HRL) announced today that the company will host a virtual Investor Update on Thursday, October 14, 2021, from 9:00 a.m. ET until approximately noon ET. Jim Snee, chairman of the board, president and chief executive officer, and Jim Sheehan, executive vice president and chief financial officer, will be joined by other members of the senior management team to discuss the company's long-term strategy and provide an update on key initiatives. A live question and answer session will follow the management presentation.
- Hormel Foods Corporation Third Quarter Earnings Conference CallAUSTIN, Minn., Aug. 9, 2021 /PRNewswire/ -- Hormel Foods Corporation (NYSE:HRL) invites you to participate in a conference call with Jim Snee, chairman of the board, president and chief executive officer, and Jim Sheehan, executive vice president and chief financial officer, to discuss the company's third quarter financial results. The company will issue its earnings press release before the markets open on Thursday, September 2, 2021, and will host a conference call at 8:00 a.m. CT (9:00 a.m. ET). WHEN: