Categories AlphaGraphs, Consumer

Hormel Foods (HRL) Q2 Earnings: Key financials and quarterly highlights

Hormel Foods Corporation (NYSE: HRL) reported second quarter 2022 earnings results today.

Net sales rose 19% year-over-year to $3.1 billion. Organic sales were up 10%.

Net earnings attributable to Hormel Foods Corporation were $261.6 million, or $0.48 per share, compared to $228 million, or $0.42 per share, last year.

For FY2022, sales is expected to be $11.7-12.5 billion while EPS is expected to be $1.87-1.97.

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

Most Popular

Cost reduction has become a priority for FedEx (FDX) after a challenging quarter

Shares of FedEx Corporation (NYSE: FDX) were up 1% on Tuesday. The stock has dropped 44% year-to-date and 34% over the past 12 months. The company delivered mixed results for

Prime Medicine is the next big biotech to pursue IPO. Here’s all you need to know

After a soft start to the year, the IPO market has witnessed muted activity so far though a few big companies entered the stock market. On the heels of AIG

Stock Watch: Is Darden Restaurants a good buy after earnings?

After a prolonged slowdown, the restaurant industry is returning to normal patterns but macroeconomic uncertainties and high inflation are currently playing spoilsport for it. While the pandemic-related slump forced many

Add Comment
Viewing Highlight