Hormel Foods Q1 Earnings Beat Expectations
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 26 2026
0mins
Should l Buy HRL?
Source: seekingalpha
- Earnings Beat: Hormel Foods reported a Q1 non-GAAP EPS of $0.34, exceeding expectations by $0.02, indicating robust profitability despite slight revenue decline.
- Revenue Growth Challenges: The company generated $3.03 billion in revenue, a 1.3% year-over-year increase, but fell short of expectations by $30 million, highlighting intensified market competition and changing consumer demand.
- Sales Guidance Reaffirmed: Hormel reaffirmed its fiscal 2026 net sales guidance in the range of $12.2 billion to $12.5 billion, although this is below the consensus of $12.38 billion, reflecting a cautious outlook on future sales.
- Earnings Guidance Update: The company updated its diluted EPS guidance to a range of $1.37 to $1.46, demonstrating confidence in profitability despite market pressures, while reaffirming adjusted diluted EPS expectations of $1.43 to $1.51.
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Analyst Views on HRL
Wall Street analysts forecast HRL stock price to rise
5 Analyst Rating
3 Buy
2 Hold
0 Sell
Moderate Buy
Current: 23.880
Low
26.00
Averages
27.40
High
30.00
Current: 23.880
Low
26.00
Averages
27.40
High
30.00
About HRL
Hormel Foods Corporation is a global-branded food company. The Company develops, processes, and distributes a range of food products in a variety of markets. Its segments include Retail, Foodservice, and International. The Retail segment is primarily engaged in the processing, marketing, and sale of food products sold predominantly in the retail market. This segment also includes the Company’s MegaMex Foods, LLC joint venture. The Foodservice segment consists primarily of the processing, marketing, and sale of food products to foodservice, convenience store, and commercial customers located in the United States. The International segment processes, markets, and sells its products internationally. This segment also includes the results from the Company’s international joint ventures, international equity method investments, and international royalty arrangements. It has a global presence within several major international markets, including Australia, Brazil, Canada, China, and England.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Focus on Performance Discussion: The call will emphasize the financial results for the first quarter, including revenue, profit, and future outlook, assisting investors in assessing the company's financial health and market performance.
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See More
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- Chicken Price Increase: Trump asserted that chicken prices are much lower than when he took office, but data reveals that the average price for boneless chicken breast in January was $4.17 per pound, up 1% from the previous year, reflecting subtle market dynamics.
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