Net earnings attributable to Hormel Foods Corporation was $180 million, or $0.33 per share, compared to $189.2 million, or $0.34 per share, last year. Adjusted EPS was $0.35.
Revenue missed expectations while earnings came in line with estimates.
Hormel narrowed its guidance for fiscal year 2025. The company now expects organic sales to grow 2-3%. GAAP EPS is expected to be $1.49-1.59 while adjusted EPS is expected to be $1.58-1.68.
The stock dropped over 2% in premarket hours on Thursday.
Prior performance
