Categories AlphaGraphs, Consumer, Earnings
HRL Earnings: Key quarterly highlights from Hormel Foods’ Q3 2023 financial results
Hormel Foods Corporation (NYSE: HRL) reported third quarter 2023 earnings results today.
Net sales totaled $3 billion compared to $3.03 billion in the same period last year.
Net earnings attributable to Hormel Foods Corporation were $162.6 million, or $0.30 per share, compared to $218.9 million, or $0.40 per share, last year. Adjusted EPS amounted to $0.40.
Both revenue and earnings missed expectations.
For the fourth quarter of 2023, the company expects net sales of $3.1-3.6 billion.
The stock was down over 3% in premarket hours on Thursday.
Prior performance
Most Popular
INTU Earnings: Intuit Q1 2025 adj. profit rises on higher revenues
Financial technology company Intuit Inc. (NASDAQ: INTU) Thursday announced results for the first quarter of 2025, reporting a modest increase in adjusted earnings. The Mountain View-headquartered company’s first-quarter revenue came
Key highlights from Deere & Co.’s (DE) Q4 2024 earnings results
Deere & Company (NYSE: DE) reported its fourth quarter 2024 earnings results today. Worldwide net sales and revenues decreased 28% year-over-year to $11.14 billion. Net income was $1.24 billion, or
NVDA Earnings: Nvidia Q3 profit jumps, beats estimates
NVIDIA Corporation (NASDAQ: NVDA) on Wednesday reported a sharp increase in adjusted profit and revenue for the third quarter of 2025. Earnings also topped analysts' estimates. The tech firm’s revenues
