Categories AlphaGraphs, Consumer, Earnings
HRL Earnings: Key highlights from Hormel Foods’ Q2 2023 financial results
Hormel Foods Corporation (NYSE: HRL) reported second quarter 2023 earnings results today.
Net sales of $3 billion were down 3.8% year-over-year.
![](https://cdn.news.alphastreet.com/wp-content/uploads/2023/06/Hormel-Foods-Q2-2023-Earnings-Infographic-608x1024.jpg)
Net earnings attributable to Hormel Foods Corporation were $217.2 million, or $0.40 per share, compared to $261.6 million, or $0.48 per share, last year.
For FY2023, the company expects net sales growth of 1-3% compared to the prior year. EPS is estimated to be $1.70-1.82 for the year.
Prior performance
![](https://cdn.news.alphastreet.com/wp-content/uploads/2023/03/Hormel-Foods-Q1-2023-Earnings-Infographic-608x1024.jpg)
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