Inferra AI / Company / HRL
Hormel Foods
HRL · Consumer Staples
Last earnings Aug 27, 2026
Key results
Operating incomequarter
$240 million
Operating income of $240 million a djusted operating income 1 of $254 million
SEC original ↗Hormel Foods — Earnings release (8-K exhibit)EX-99Aug 28, 2025
Operating marginquarter
7.9%
Operating margin of 7.9% adjusted operating margin 1 of 8.4% Earnings before income taxes of $237 million a djusted earnings before income taxes 1 of $251 million Effective tax rate of 22.3%
SEC original ↗Hormel Foods — Earnings release (8-K exhibit)EX-99Aug 28, 2025
Adjusted operating marginquarter
8.4%
Operating margin of 7.9% adjusted operating margin 1 of 8.4% Earnings before income taxes of $237 million a djusted earnings before income taxes 1 of $251 million Effective tax rate of 22.3%
SEC original ↗Hormel Foods — Earnings release (8-K exhibit)EX-99Aug 28, 2025
EPSquarter
$0.38
Diluted Earnings per Share 1 $0.38 - $0.40 1 PROGRESS EXECUTING STRATEGIC PRIORITIES Q3 HIGHLIGHTS I am proud of the top-line momentum we built in the third quarter, said John Ghingo, president.
SEC original ↗Hormel Foods — Earnings release (8-K exhibit)EX-99Aug 28, 2025
Net revenuequarter
5%
SEGMENT HIGHLIGHTS THIRD QUARTER Retail Volume up 5% Net sales up 5% Segment profit down 4% 2 Net sales growth was wide ranging in the Retail segment in the third quarter of fiscal 2025.
SEC original ↗Hormel Foods — Earnings release (8-K exhibit)EX-99Aug 28, 2025
Revenuequarter
7%
Foodservice Volume down 4% organic volume 1 up 2% Net sales up 3% organic net sales 1 up 7% Segment profit down 1% Organic volume 1 and organic net sales 1 growth were broad-based in the Foodservice segment in the third quarter of fiscal 2025, with significant contributions from the customized solutions business
SEC original ↗Hormel Foods — Earnings release (8-K exhibit)EX-99Aug 28, 2025
International Volume up 8% Net sales up 6% Segment profit down 13% Strong volume and net sales performance in the International segment was driven by growth across the China market and robust exports of SPAM luncheon meat in the third quarter of fiscal 2025.
SEC original ↗Hormel Foods — Earnings release (8-K exhibit)EX-99Aug 28, 2025
Hormel Foods Corporation, based in Austin, Minnesota, is a global branded food company with approximately $12 billion in annual revenue across more than 80 countries worldwide.
SEC original ↗Hormel Foods — Earnings release (8-K exhibit)EX-99Aug 28, 2025
Gross marginquarter
$487,309 thousand
Gross Profit 487,309 488,369 1,446,975 1,500,908
SEC original ↗Hormel Foods — Earnings release (8-K exhibit)EX-99Aug 28, 2025
Selling, general, and administrativequarter
$258,713 thousand
Selling, General, and Administrative 258,713 259,653 773,158 766,707
SEC original ↗Hormel Foods — Earnings release (8-K exhibit)EX-99Aug 28, 2025
Net incomequarter
$183,696 thousand
Net Earnings 183,696 176,735 533,968 584,671
SEC original ↗Hormel Foods — Earnings release (8-K exhibit)EX-99Aug 28, 2025
AI analysis
Q3 FY2025 · reported Aug 28, 2025
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
Headline figures
| Metric | Q3 FY2025 | Prior qtr | Year ago |
|---|---|---|---|
| Operating income | $240 million | — | — |
| Operating margin | 7.9% | — | — |
| Adjusted operating margin | 8.4% | — | — |
| EPS | $0.38 | — | — |
| Net revenue | 5% | — | — |
| Revenue | 7% | — | — |
| Gross margin | $487,309 thousand | — | — |
| Selling, general, and administrative | $258,713 thousand | — | — |
Guidance · company-stated
Direction: raised
No guidance located in the held release
“htm EX-99 Document HORMEL FOODS REPORTS THIRD QUARTER FISCAL 2026 RESULTS Company Raises and Narrows Adjusted EPS Outlook Following Solid Third Quarter and Strong Year-to-Date Performance AUSTIN, Minn.”
Margin
Capital allocation
Capital expenditures were $72 million, compared to $65 million last year.
Event summary
Our earnings results, however, were disappointing, and we fell short of our expectations
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
Guidance & outlook
No guidance located in the held release
Capital allocation
Capital expenditures were $72 million, compared to $65 million last year.
SEC original ↗Hormel Foods — Earnings release (8-K exhibit)EX-99Aug 28, 2025
Capital expenditures for fiscal 2025 are estimated to be approximately $300 million.
SEC original ↗Hormel Foods — Earnings release (8-K exhibit)EX-99Aug 28, 2025
The Company returned approximately $159 million to stockholders during the quarter through dividends.
SEC original ↗Hormel Foods — Earnings release (8-K exhibit)EX-99Aug 28, 2025
The company is a member of the S P 500 Index and the S P 500 Dividend Aristocrats, was named one of the best companies to work for by U.
SEC original ↗Hormel Foods — Earnings release (8-K exhibit)EX-99Aug 28, 2025
14 Table of Contents Cash Flow Interest Rate Hedges: In the second quarter of fiscal 2021, the Company designated two separate interest rate locks as cash flow hedges to manage interest rate risk associated with anticipated debt transactions.
SEC original ↗Hormel Foods — 10-Q Quarterly report10-QAug 27, 2026
In the third quarter of fiscal 2021, the associated unsecured senior notes were issued with tenors of seven and 30 years and both locks were lifted (See Note L - Long-term Debt and Other Borrowing Arrangements).
SEC original ↗Hormel Foods — 10-Q Quarterly report10-QAug 27, 2026
Strategy & priorities
This inflation was partially mitigated by our Transform and Modernize (T M) initiative.
SEC original ↗Hormel Foods — Earnings release (8-K exhibit)EX-99Aug 28, 2025
Diluted Earnings per Share 1 $0.38 - $0.40 1 PROGRESS EXECUTING STRATEGIC PRIORITIES Q3 HIGHLIGHTS I am proud of the top-line momentum we built in the third quarter, said John Ghingo, president.
SEC original ↗Hormel Foods — Earnings release (8-K exhibit)EX-99Aug 28, 2025
Still, we advanced our key priorities during the quarter, which positions us well for the sustained health of our company.
SEC original ↗Hormel Foods — Earnings release (8-K exhibit)EX-99Aug 28, 2025
Meat-snacking innovation delivered strong performance, and the team strategically launched Skippy cones into a new channel, further accelerating distribution growth globally.
SEC original ↗Hormel Foods — Earnings release (8-K exhibit)EX-99Aug 28, 2025
Execute our enterprise entertaining snacking vision The Planters brand made notable progress this quarter, with a focus on closing distribution gaps, strengthening brand equity and investing in innovation highlighted by the launch of the limited-time bar nuts variety to reengage consumers and drive excitement for summer snacking.
SEC original ↗Hormel Foods — Earnings release (8-K exhibit)EX-99Aug 28, 2025
Risks & headwinds
Litigation Settlements In fiscal 2025 and 2024, the Company entered into settlement agreements with certain plaintiffs in its pending antitrust litigation.
SEC original ↗Hormel Foods — Earnings release (8-K exhibit)EX-99Aug 28, 2025
Legal Proceedings 38 Item 1A.
SEC original ↗Hormel Foods — 10-Q Quarterly report10-QAug 27, 2026
Legal Proceedings: The Company is a party to various legal proceedings related to the ongoing operation of its business, including claims both by and against the Company.
SEC original ↗Hormel Foods — 10-Q Quarterly report10-QAug 27, 2026
Turkey Antitrust Litigation: Beginning in December 2019, a series of class action complaints were filed against the Company, as well as several other turkey-processing companies and a benchmarking service called Agri Stats, in the U.
SEC original ↗Hormel Foods — 10-Q Quarterly report10-QAug 27, 2026
District Court for the Northern District of Illinois styled In re Turkey Antitrust Litigation .
SEC original ↗Hormel Foods — 10-Q Quarterly report10-QAug 27, 2026
Although the Company strongly denies liability, continues to deny the allegations asserted, and believes it has valid defenses, to avoid the uncertainty, risk, expense, and distraction of continued litigation, the Company executed a settlement agreement providing for payment by the Company to the class of direct purchaser plaintiffs in the total settlement amount of $ 37.5 million, subject to court approval, which was recorded as Accrued Expenses and in Selling, General, and Administrative in the third quarter of fiscal 2026.
SEC original ↗Hormel Foods — 10-Q Quarterly report10-QAug 27, 2026
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
32 documents- Q2 2026
- 8-KHRL
Sep 30, 2026
- 10-QHRL
Aug 27, 2026
- 8-KHRL
Aug 27, 2026
- 8-KHRL
Aug 24, 2026
- 8-KHRL
Jul 28, 2026
- Q1 2026
- 8-KHRL
Jun 12, 2026
- 10-QHRL
May 28, 2026
- 8-KHRL
May 28, 2026
- Q4 2025
- 10-QHRL
Feb 26, 2026
- 8-KHRL
Feb 26, 2026
- 8-KHRL
Feb 18, 2026
- EX-99HRL
Feb 18, 2026
- 8-K/AHRL
Feb 13, 2026
- 8-KHRL
Feb 2, 2026
- Q3 2025
- 10-KHRL
Dec 5, 2025
- 8-KHRL
Dec 4, 2025
- 8-KHRL
Nov 4, 2025
- 8-K/AHRL
Oct 31, 2025
- 8-KHRL
Oct 29, 2025
- EX-99HRL
Oct 29, 2025
- Q2 2025
- 10-QHRL
Aug 28, 2025
- 8-KHRL
Aug 28, 2025
- Q1 2025
- 8-KHRL
Jun 23, 2025
- 10-QHRL
May 29, 2025
- 8-KHRL
May 29, 2025
- 8-KHRL
May 16, 2025
- Q4 2024
- 8-KHRL
Mar 26, 2025
- 8-KHRL
Mar 20, 2025
- 10-QHRL
Feb 27, 2025
- 8-KHRL
Feb 27, 2025
- 8-KHRL
Jan 31, 2025
- 8-KHRL
Jan 14, 2025
Earnings releases
10 documentsPresentations
0 documentsNo presentations for Hormel Foods are held in this edition of the library.
Transcripts
0 documentsNo transcripts for Hormel Foods are held in this edition of the library.
Mentioned by
3 companiesOther tracked companies whose held documents mention Hormel Foods by name or ticker. A mention is counted once per document, from the document text the library holds.
“vestitures; risks and uncertainties associated with intangible… …Earnings Attributable to Hormel Foods Corporation $ 170,575 $ 218,863 Net Earnings Per Share Basic $ 0.31 $ 0.40 Diluted $ 0.31 $ 0.40 Weighted-average Shares Outstanding ”
“charges, earnings, synergies, economic performance, indebtedness, financial condition,… … Hormel Foods expects the acquisition to generate growth, unlock operational synergies, and enhance cash flows. The company expects the acquisition to be accreti”
“s, and divestitures; risks and uncertainties associated with intangible… …Attributable to Hormel Foods Corporation $ 59,573 $ 183,742 $ 398,848 $ 534,334 Net Earnings Per Share: Basic $ 0.11 $ 0.33 $ 0.72 $ 0.97 Diluted $ 0.11 $ 0.33 $ 0.72 $”
See also the earnings calendar for every tracked company’s next earnings date.