US · Consumer Defensive · Packaged Foods
EPS came in at 0.37 against a street estimate of 0.36 — a beat of 2.8%.
Analysts rate Hormel Foods Corporation a hold (3 buy, 7 hold, 0 sell out of 10) with an average price target of $26.12.
MIXED HRL raised FY26 EPS guidance to $1.45–$1.51 (6–10% growth) despite Q3 organic sales decline of 2%. Foodservice strong at +12 consecutive quarters; retail volumes fell on portfolio exits and pricing elasticity. Management confident in long-term strategy but near-term consumer pressure persists. Q3 FY26 HRL exiting subscale Brazil business to sharpen portfolio toward Asia Pacific, where management sees significant long-term growth potential. Indonesia minority investment impaired in Q3. Analysts pressed on guidance reconciliation (volumes vs. COGS benefits), retail volume drivers (found portfolio exits and pricing elasticity), and input cost timing. Management acknowledged volumes and inventory turns delayed commodity tailwinds into future quarters; reaffirmed confidence in long-term margin trajectory despite near-term consumer headwinds. 2026-08-27…
Full summary in the app.
| Fund | Stake |
|---|---|
| State Street Corp | 4.99% |
| BlackRock Inc | 4.31% |
| Vanguard Capital Management, LLC | 3.50% |
| Amvescap Plc. | 2.71% |
| Vanguard Portfolio Management, LLC | 2.67% |
| Two Sigma Investments LLC | 2.24% |
| Dimensional Fund Advisors, Inc. | 1.70% |
| Geode Capital Management, LLC | 1.48% |
| Document | Date |
|---|---|
| Quarterly report · Q3 FY2026 HORMEL FOODS CORPORATION - 10-Q SUMMARY Quarter and Nine Months Ended July 26, 2026 --- HEADLINE NUMBERS • Net Sales Q3 2026: $2,961.3 million vs. | 2026-08-27 |
| Results announced · Q4 FY2026 HORMEL FOODS Q3 FISCAL 2026 RESULTS SUMMARY HEADLINE NUMBERS • Net sales of $2.96 billion; organic net sales down 2% • Diluted earnings per share (G | 2026-08-27 |
| Board / officer change · Q4 FY2026 HORMEL FOODS CORPORATION – FORM 8-K SUMMARY August 24, 2026 --- HEADLINE NUMBERS • New CFO appointment: Ash Bhumbla named Executive Vice President | 2026-08-24 |
| Board / officer change · Q3 FY2026 HORMEL FOODS CORPORATION - 8-K SUMMARY HEADLINE NUMBERS • John F. Ghingo appointed President and Chief Executive Officer, effective October 26, 2026 | 2026-07-28 |
| Board / officer change · Q3 FY2026 HORMEL FOODS CORPORATION – FORM 8-K SUMMARY HEADLINE NUMBERS • Executive Assignment: Swen Neufeldt, Group Vice President International, assigned to | 2026-06-12 |
| Quarterly report · Q2 FY2026 HORMEL FOODS CORPORATION – Q2 FY2026 SUMMARY HEADLINE NUMBERS • Net Sales Q2: $2,972.6 million (vs. $2,898.8 million prior year +2.5%) • Net Sales S | 2026-05-28 |
| Quarterly report · Q1 FY2026 HORMEL FOODS CORPORATION - Q1 FY2026 SUMMARY HEADLINE NUMBERS • Net Sales: $3,027,317 thousand (Q1 FY2026) vs $2,988,813 thousand (Q1 FY2025) — up 1 | 2026-02-26 |
| Proxy statement · Q1 FY2026 HORMEL FOODS CORPORATION — 2026 ANNUAL MEETING PROXY SUMMARY --- WHAT SHAREHOLDERS ARE VOTING ON • Item 1: Elect 12 director nominees (vote require | 2025-12-17 |
Readable in the app.
| Action | Detail | Date |
|---|---|---|
| Dividend | $0.29 / share ex-date Jul 13, 2026 · pay Aug 17, 2026 | 2026-07-13 |
| Dividend | $0.29 / share ex-date Apr 13, 2026 · pay May 15, 2026 | 2026-04-13 |
| Dividend | $0.29 / share ex-date Jan 12, 2026 · pay Feb 17, 2026 | 2026-01-12 |
| Dividend | $0.29 / share ex-date Oct 14, 2025 · pay Nov 17, 2025 | 2025-10-14 |
| Announcement | Date |
|---|---|
| Preliminary Q1 results and 2026 fiscal year guidance provided Hormel Foods Corporation issued a press release on February 17, 2026, announcing preliminary financial results for the first quarter ended January 25, 2026, along with 2026 fiscal year guida | 2026-02-18 |
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Google PlayApp StoreData updated 2026-09-18.