Categories AlphaGraphs, Consumer, Earnings
HRL Earnings: Key quarterly highlights from Hormel Foods’ Q4 2022 financial results
Hormel Foods Corporation (NYSE: HRL) reported fourth quarter 2022 earnings results today.
Net sales decreased 5% year-over-year to $3.3 billion. Organic net sales were up 2%.
Net earnings attributable to Hormel Foods Corporation were $279.8 million, or $0.51 per share, compared to $281.7 million, or $0.51 per share, last year.
For fiscal year 2023, net sales are expected to range between $12.6-12.9 billion.
Earnings beat estimates but revenue fell short. The outlook was also lower than expected sending the stock plunging over 7% in premarket hours.
Prior performance
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
Earnings Preview: What to look for when Netflix (NFLX) reports Q4 2025 results
Netflix, Inc. (NASDAQ: NFLX) is expected to report Q4 results on January 20, amid expectations for strong revenue and earnings growth. The company is navigating a shifting streaming landscape where
What to look for when United Airlines (UAL) reports its Q4 2025 earnings results
Shares of United Airlines (NASDAQ: UAL) stayed red on Thursday. The stock has gained 15% over the past three months. The airline is scheduled to report its earnings results for
Infographic: How Constellation Brands (STZ) performed in Q3 2026
Constellation Brands, Inc. (NYSE: STZ) reported net sales of $2.22 billion for the third quarter of 2026, down 10% year-over-year. Organic net sales were down 2%. Net income attributable to
