Hormel Foods Corporation (HRL)
| Market Cap | 11.87B -25.6% |
| Revenue (ttm) | 12.15B +0.7% |
| Net Income | 342.71M -54.6% |
| EPS | 0.62 -54.7% |
| Shares Out | 550.35M |
| PE Ratio | 34.77 |
| Forward PE | 14.03 |
| Dividend | $1.17 (5.42%) |
| Ex-Dividend Date | Jul 13, 2026 |
| Volume | 10,648,741 |
| Open | 21.29 |
| Previous Close | 21.28 |
| Day's Range | 21.14 - 21.58 |
| 52-Week Range | 19.70 - 26.60 |
| Beta | 0.33 |
| Analysts | Hold |
| Price Target | 26.13 (+21.14%) |
| 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 $26.13, which is an increase of 21.14% from the latest price.
News
Hormel Foods price target lowered to $23 from $25 at Stephens
Stephens lowered the firm’s price target on Hormel Foods (HRL) to $23 from $25 and keeps an Equal Weight rating on the shares. While “encouraged” by operational improvements, the firm…
Hormel Foods price target lowered to $24 from $27 at BofA
BofA analyst Peter Galbo lowered the firm’s price target on Hormel Foods (HRL) to $24 from $27 and keeps a Neutral rating on the shares. Heightened expectations on a potential…
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 portfolio actions and a pressured consumer environment. Foodservice outperformed with its 12th consecutive quarter of growth, while retail saw mixed results but strong brand momentum. Fiscal 2026 guidance was raised, with continued focus on profitability and strategic investments.
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 Q3 adjusted EPS 37c, consensus 35c
Reports Q3 revenue $2.96B, consensus $3.04B. “We delivered solid third quarter results, growing our adjusted earnings and continuing to advance our fiscal 2026 objectives,” said Jeff Ettinger, interim...
Hormel Foods narrows FY26 adjusted EPS view to $1.45-$1.51 from $1.43-$1.51
Consensus $1.50. Lowers FY26 revenue view to $12.1B-$12.2B from $12.2B-$12.5B, consensus $12.24B. “We continued to make progress against our strategic priorities during the quarter,” said John Ghingo,...
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.
Hormel Foods names Ash Bhumbla CFO
Hormel Foods (HRL) announced the appointment of Ash Bhumbla as executive vice president and chief financial officer, effective Sept. 8. Paul Kuehneman, who has served as interim chief financial office...
Hormel Foods Announces Appointment of Ash Bhumbla as Chief Financial Officer
AUSTIN, Minn., Aug. 24, 2026 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today announced the appointment of Ash Bhumbla as executive vice president...
Hormel Foods price target raised to $26 from $25 at JPMorgan
JPMorgan analyst Thomas Palmer raised the firm’s price target on Hormel Foods (HRL) to $26 from $25 and keeps a Neutral rating on the shares.
Ten Young Leaders Tackling Food Insecurity Named Hormel Foods 2026 Food Heroes
In its fifth year, the program recognizes student leaders working to build a more transparent, secure and sustainable food system Collective Impact: The 2026 10 Under 20 Food Heroes have distributed t...
These 11 midcaps are popular right now among investment newsletters but not because of their market valuations
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Three dividend stocks to lock in $1,500 per year in passive income
A $10,000 investment each in three high-yield dividend stocks: Realty Income, Enterprise Product Partners, and Hormel Foods can set you up for a reliable $1,500 per year in passive income. Of course, ...
Hormel Foods Corporation Announces Third Quarter Earnings Call
AUSTIN, Minn., Aug. 3, 2026 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, invites interested parties to participate in a webcast and conference call ...
Want High Yield? Check Out These 3 Dividend Aristocrat Stocks for August 2026
Amcor ($AMCR), Kimberly-Clark ($KMB), and Hormel Foods ($HRL) sit in the top five for yield among Dividend Aristocrats, according to the TipRanks Dividend Aristocrat tool. All three stocks are also…
Hormel Foods completes sale of CERATTI business in Brazil
Hormel Foods (HRL) announced the completion of the sale of its Brazilian operations, operated under the CERATTI brand, to Zanchetta Alimentos, a Brazilian food company with an established presence in…
Hormel Foods Completes Sale of CERATTI® Business in Brazil
AUSTIN, Minn., July 31, 2026 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today announced the successful completion of the sale of its Brazilian ope...
Skippy peanut butter maker Hormel Foods names insider John Ghingo as CEO
Hormel Foods on Tuesday named insider and industry veteran John Ghingo as CEO, as the Skippy peanut-butter maker looks to drive growth and modernize operations amid a challenging consumer spending e...