Categories AlphaGraphs, Consumer, Earnings

Key highlights from Hormel Foods’ (HRL) Q1 2023 earnings results

Hormel Foods Corporation (NYSE: HRL) reported first quarter 2023 earnings results today.

Net sales remained relatively unchanged at $3 billion compared to the same period last year.

Net earnings attributable to Hormel Foods Corporation were $217.7 million, or $0.40 per share, compared to $239.5 million, or $0.44 per share, last year.

For the full year of 2023, the company expects net sales growth of 1-3% compared to last year.

Prior performance

Hormel-Foods-Q4-2022-Earnings-Infographic

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

Most Popular

AVGO Earnings: Broadcom Q4 profit beats estimates; revenue up 4%

Semiconductor company Broadcom, Inc. (NASDAQ: AVGO) on Thursday reported stronger-than-expected earnings for the fourth quarter. The tech firm also provided guidance for fiscal 2024. Earnings, excluding non-recurring items, came in

Costco’s (COST) stock hits a record high ahead of earnings. Here’s what to look for

As Costco Wholesale Corporation (NASDAQ: COST) prepares to publish its first-quarter earnings, the warehouse behemoth’s stock climbed to an all-time high this week. When it reports the results next week,

Dollar General (DG) faces challenges from inventory shrink in Q3

Shares of Dollar General Corporation (NYSE: DG) turned red on Thursday despite the company delivering better-than-expected results for the third quarter of 2023. The stock has dropped 46% year-to-date. Although

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top