Net loss attributable to Hormel Foods Corporation was $56.1 million, or $0.10 per share, compared to net income of $220.2 million, or $0.40 per share, last year. Adjusted EPS was $0.32.
Earnings beat estimates but revenue fell short. The stock gained over 4% in premarket hours on Thursday.
For fiscal year 2026, Hormel expects net sales of $12.2-12.5 billion and organic sales growth of 1-4%. GAAP EPS is expected to be $1.29-1.39 and adjusted EPS is expected to be $1.43-1.51.
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Prior performance
