Hormel Foods Corporation (HRL)
| Market Cap | 10.69B -20.1% |
| Revenue (ttm) | 12.15B +0.7% |
| Net Income | 342.71M -54.6% |
| EPS | 0.62 -54.7% |
| Shares Out | 550.35M |
| PE Ratio | 31.52 |
| Forward PE | 12.77 |
| Dividend | $1.17 (6.03%) |
| Ex-Dividend Date | Oct 13, 2026 |
| Volume | 10,041,618 |
| Open | 19.50 |
| Previous Close | 19.55 |
| Day's Range | 19.37 - 19.64 |
| 52-Week Range | 19.37 - 26.60 |
| Beta | 0.29 |
| Analysts | Hold |
| Price Target | 25.56 (+31.62%) |
| Earnings Date | Aug 27, 2026 |
About HRL
Hormel Foods Corporation develops, processes, and distributes various meat, nut, and other food products to foodservice, convenience stores, and commercial customers in the United States and internationally. It operates through three segments: Retail, Foodservice, and International. The company provides perishable products, including fresh meats, frozen items, refrigerated meal solutions, bacon, sausages, hams, guacamole, and other items that require refrigeration, as well as shelf-stable products, such as canned luncheon meats, nut butters, sn... [Read more]
Financial Performance
In fiscal year 2025, Hormel Foods's revenue was $12.11 billion, an increase of 1.55% compared to the previous year's $11.92 billion. Earnings were $478.20 million, a decrease of -40.60%.
Financial StatementsAnalyst Summary
According to 10 analysts, the average rating for HRL stock is "Hold." The 12-month stock price target is $25.56, which is an increase of 31.62% from the latest price.
News
Bauducco® and the SKIPPY® Brand Debut SKIPPY® Peanut Butter Chocottone®
The partnership reimagines the Italian holiday classic and kicks off an ongoing series of flavor innovations MIAMI, Oct 6, 2026 /PRNewswire/ -- Peanut butter and chocolate – a timeless pairing that ne...
Hormel Foods Transcript: M&A announcement
The acquisition of a leading value-added chicken company for $1.055 billion enhances scale in foodservice, increases exposure to the growing chicken category, and is expected to deliver $20 million in annual cost synergies by fiscal 2028. The deal is accretive to adjusted EPS from fiscal 2028 and aligns with long-term growth strategies.
Hormel Foods Press release: M&A announcement
Hormel Foods issued a press release on September 30, 2026, disclosing material business information to investors.
Hormel Foods Slides: M&A announcement
Hormel Foods has posted slides in relation to its latest quarterly earnings report, which was published on September 30, 2026.
Hormel Foods to Buy Brakebush Brothers for About $1.06 Billion
The parent of Spam lunch meat and Skippy peanut butter expects the Brakebush acquisition will expand its position in value-added chicken.
Hormel Foods to buy Brakebush in deal valued at $1.06 billion
Hormel Foods on Wednesday said it will buy family-owned chicken company Brakebush Brothers in a deal valued at $1.06 billion, as the Skippy peanut butter maker looks to expand its presence in...
Hormel Foods Announces Definitive Agreement To Acquire Brakebush, A Leading Value-Added Chicken Company
Acquisition Will Strengthen Hormel Foods' Position in a Growing Protein Category and Enhance its Leading Foodservice Capabilities AUSTIN, Minn., Sept. 30, 2026 /PRNewswire/ -- Hormel Foods Corporation...
Hormel Foods Announces Research & Development Executive Appointments
Dr. Aaron Asmus promoted to vice president of R&D; Lisa Selk named vice president of growth and innovation, R&D AUSTIN, Minn., Sept. 29, 2026 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fo...
Want to Drive a Giant Peanut? The PLANTERS® Brand Is Hiring
Three new Peanutters will travel the country in the 26-foot-long NUTmobile beginning in June 2027 The PLANTERS® NUTmobile is hiring three Peanutters to hit the salty streets in June 2027. Applications...
Hormel Foods Corporation Declares Quarterly Dividend
AUSTIN, Minn., Sept. 28, 2026 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today announced its quarterly dividend on the common stock, authorized by...
Hormel Foods U.S. Production Facilities Donate More Than $330,000 to Hunger-Relief Organizations in Hunger Action Month
Funding supports more than 40 nonprofit organizations addressing food insecurity in communities across the United States Local Impact: Hormel Foods U.S. production facilities donated a combined $332,0...
Hormel Foods, Culinary Institute of America Open Applications for National Culinary Enrichment and Innovation Program
Emerging culinary professionals can apply for an immersive enrichment experience focused on creativity, leadership and foodservice industry innovation Hands-On Learning Experience: Selected participan...
Hormel Foods Names Paul Kuehneman Chief Accounting Officer
AUSTIN, Minn., Sept. 10, 2026 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today announced the appointment of Paul Kuehneman as chief accounting off...
Hormel Foods Transcript: Barclays 19th Annual Global Consumer Conference
Earnings and margins improved in fiscal 2026, driven by pricing, productivity, and portfolio optimization. Food service remains a key growth engine, while retail brands benefit from innovation and consumer focus. Ongoing portfolio discipline and capability investments support a positive long-term outlook.
Hormel Foods Corporation to Participate in the 2026 Barclays Global Consumer Staples Conference
AUSTIN, Minn., Sept. 1, 2026 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, announced today that Jeff Ettinger, interim chief executive officer, and J...
Hormel Foods Hit With Lower Prices for Turkey and Nuts. Stock Drops on Cut to Sales Guidance.
The maker of canned lunch meat Spam slashes its fiscal-year outlook after net sales drop in its third quarter.
Hormel Foods Earnings Call Transcript: Q3 2026
Adjusted EPS grew 6% year-over-year despite a 2% decline in organic net sales, driven by Foodservice strength and key retail brand growth. Guidance for fiscal 2026 was raised, with continued focus on margin expansion, portfolio optimization, and disciplined capital allocation.
Hormel Foods Earnings release: Q3 2026
Hormel Foods released its Q3 2026 earnings on August 27, 2026, summarizing the period's financial results.
Hormel Foods Slides: Q3 2026
Hormel Foods has posted slides in relation to its Q3 2026 quarterly earnings report, which was published on August 27, 2026.
Hormel Foods Quarterly report: Q3 2026
Hormel Foods has published its Q3 2026 quarterly earnings report on August 27, 2026.
Hormel Foods cuts annual sales forecast as sluggish consumer demand weighs
Hormel Foods cut its annual sales forecast on Thursday, weighed down by declines in the retail segment and weak demand for private-label snack nuts amid a pressured consumer environment.
Hormel Foods Cuts Sales Outlook on Lower Quarterly Revenue
The food company, which owns Spam and Skippy peanut butter, cut its outlook for annual sales to $12.1 billion to $12.2 billion, compared with a prior range of $12.2 billion to $12.5 billion.
HORMEL FOODS REPORTS THIRD QUARTER FISCAL 2026 RESULTS
Company Raises and Narrows Adjusted EPS¹ Outlook Following Solid Third Quarter and Strong Year-to-Date Performance AUSTIN, Minn., Aug. 27, 2026 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a ...
Hormel Foods names former Tyson executive Ash Bhumbla as CFO
Hormel Foods on Monday appointed former Tyson Foods executive Ash Bhumbla as chief financial officer, effective September, as the Skippy peanut butter maker continues with its leadership overhaul.