— Hormel Foods Corporation (NYSE: HRL) reported Q1 2020 earnings of $0.45 per share, vs. $0.46 expected.
— Sales grew 1% to $2.4 billion, vs. $2.3 billion expected.
— Volume fell 1% to 1.2 billion lbs.
— Refrigerated Foods net sales were up 6%.
— Grocery Products net sales were down 11%.
— Jennie-O-Turkey Store net sales rose 3%.
— International and Other net sales grew 5%.
— FY2020 net sales is expected to be $9.50 billion to $10.30 billion.
— FY2020 EPS is expected to be $1.69 to $1.83.
Get access to timely and accurate verbatim transcripts that are published within hours of the event.
Most Popular
Key highlights from Autodesk (ADSK) Q4 2021 earnings results
Autodesk, Inc. (NASDAQ: ADSK) today reported its fourth quarter financial results for the period ended January 31, 2021. Net income for the fourth quarter was $911.3 million, or $4.10 per
Infographic: Beyond Meat (BYND) reports wider Q4 loss; Revenue up 4%
Beyond Meat (NASDAQ: BYND), a specialist in plant-based meat substitutes, Thursday reported a wider loss for the fourth quarter, despite an increase in revenues. The numbers also missed the consensus
Virgin Galactic stock tanks on delayed test flight
Virgin Galactic (NYSE: SPCE) reported fourth-quarter 2020 financial results after the regular market hours on Thursday. The space tourism company reported zero revenue in the fourth quarter, compared to $529,000
