Categories AlphaGraphs, Consumer, Earnings
Infographic: Main highlights from Hormel Foods’ (HRL) Q4 2023 earnings results
Hormel Foods Corporation (NYSE: HRL) reported fourth quarter 2023 earnings results today.
Net sales were $3.19 billion compared to $3.28 billion in the same period a year ago.
Net earnings attributable to Hormel Foods Corporation were $195.9 million, or $0.36 per share, compared to $279.8 million, or $0.51 per share, last year. Adjusted EPS was $0.42.
Revenue and earnings missed expectations.
For fiscal year 2024, the company expects net sales of $12.2-12.5 billion. GAAP EPS is expected to be $1.43-1.57 and adjusted EPS is expected to be $1.51-1.65.
The stock was down over 1% in premarket hours on Wednesday.
Prior performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
CVX Earnings: Chevron reports lower revenue and profit for Q1 2024
Energy exploration company Chevron Corporation (NYSE: CVX) announced first-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation was $5.50 billion or
ABBV Earnings: AbbVie reports lower adj. profit for Q1 2024; revenue edges up
Specialty biopharmaceutical company AbbVie, Inc. (NYSE: ABBV) Friday announced first-quarter 2024 financial results, reporting a decline in adjusted earnings and a modest rise in revenues. The company reported worldwide net
CL Earnings: Key quarterly highlights from Colgate-Palmolive’s Q1 2024 financial results
Colgate-Palmolive Company (NYSE: CL) reported first quarter 2024 earnings results today. Net sales increased 6.2% year-over-year to $5.06 billion. Organic sales increased 9.8%. Net income attributable to Colgate-Palmolive Company was