Net earnings attributable to Hormel Foods Corporation were $170.5 million, or $0.31 per share, compared to $218.8 million, or $0.40 per share, last year. Adjusted EPS was $0.35.
Revenue beat estimates while earnings fell short.
For fiscal year 2025, the company expects organic sales growth of 1-3% and adjusted EPS of $1.58-1.72. It lowered its GAAP EPS outlook to a range of $1.49-1.63 from the previous range of $1.51-1.65 to account for a loss on the sale of a non-core sow operation.
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The stock gained slightly on Thursday after the announcement.
Prior performance
