Hormel Foods has demonstrated strong resilience and strategic execution in the face of challenging macroeconomic conditions. The company's diverse portfolio and successful innovations have contributed to solid organic growth, particularly in the Retail and International segments. However, higher commodity costs and decreased investment income present challenges. The overall outlook remains confident with a focus on the Transform and Modernize initiative for future growth.

Company Guidance

In the second quarter of fiscal 2025, Hormel Foods Corporation reported net sales of $2.9 billion, reflecting a 1% organic increase compared to the previous year. The company anticipates strong second-half growth, projecting net sales growth of 2% to 3% for the full year. Adjusted diluted earnings per share are expected to be between $1.58 and $1.68, considering factors like consumer trends, tariffs, and investment income. Retail is projected to see low single-digit growth, Foodservice mid-single-digit growth, and International high single-digit growth, with overall margins expected to expand. Hormel's Transform and Modernize initiative is on track, targeting $100 million to $150 million in incremental benefits, and the company continues to focus on value-added products, particularly in its Turkey portfolio.

Strong Organic Top-Line Growth

Hormel Foods achieved a 1% organic increase in net sales over the previous year, reaching $2.9 billion for the quarter.

Retail Segment Performance

The Planters brand exceeded volume and net sales expectations, and flagship and rising brands maintained leadership positions in the marketplace.

Successful Innovations and Launches

Innovations like Applegate's Convenience Breakfast platform and new product lines, as well as Fontanini hot honey sliced sausage, contributed to growth.

International Growth

The international segment delivered strong top-line growth, driven by double-digit volume and net sales growth in exports and robust growth in China.

Transform and Modernize Initiative on Track

The initiative is projected to deliver $100 million to $150 million in incremental benefits, with successful projects including supply chain enhancements.

Hormel Foods (HRL) Earnings, Revenues Date & History

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HRL Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 28, 2025	2025 (Q3)	0.41 / -	0.37	―	―	―
May 30, 2025	2025 (Q2)	0.34 / 0.35	0.38	-7.89% (-0.03)
Feb 27, 2025	2025 (Q1)	0.38 / 0.35	0.41	-14.63% (-0.06)
Dec 04, 2024	2024 (Q4)	0.42 / 0.42	0.42	0.00% (0.00)
Sep 04, 2024	2024 (Q3)	0.36 / 0.37	0.4	-7.50% (-0.03)
May 30, 2024	2024 (Q2)	0.36 / 0.38	0.4	-5.00% (-0.02)
Feb 29, 2024	2024 (Q1)	0.34 / 0.41	0.4	2.50% (<+0.01)
Nov 29, 2023	2023 (Q4)	0.44 / 0.42	0.51	-17.65% (-0.09)
Aug 31, 2023	2023 (Q3)	0.41 / 0.40	0.4	0.00% (0.00)
Jun 01, 2023	2023 (Q2)	0.39 / 0.40	0.48	-16.67% (-0.08)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

HRL Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 30, 2025	$30.38	$30.68	+0.99%
Feb 27, 2025	$28.46	$28.11	-1.23%
Dec 04, 2024	$31.21	$31.38	+0.54%
Sep 04, 2024	$32.21	$30.14	-6.43%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.