Categories AlphaGraphs, Consumer, Earnings
Key metrics from Hormel Foods’ (HRL) Q3 2024 earnings results
Hormel Foods Corporation (NYSE: HRL) reported its third quarter 2024 earnings results today.
Total net sales decreased 2.2% year-over-year to $2.90 billion.

Net earnings attributable to Hormel Foods Corporation were $176.7 million, or $0.32 per share, compared to $162.6 million, or $0.30 per share, last year. Adjusted EPS was $0.37.
Earnings beat estimates but revenue missed expectations.
The company updated its outlook for fiscal year 2024. It now expects net sales of $11.8-12.1 billion and adjusted EPS of $1.57-1.63 versus the previous expectation of sales of $12.2-12.5 billion and adjusted EPS of $1.55-1.65.
The stock fell 8% 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
Important takeaways from Conagra Brands’ Q3 2025 report
Conagra Brands, Inc. (NYSE: CAG) has reported weaker-than-expected revenue and profit for the February quarter, with sales declining across all business segments amid softer demand and persistent supply challenges. The
Main takeaways from Lamb Weston’s (LW) Q3 2025 earnings report
Shares of Lamb Weston Holdings, Inc. (NYSE: LW) jumped 9% on Thursday after the company delivered better-than-expected results for the third quarter of 2025 and reaffirmed its outlook for the
Summary: Tesla (TSLA) reports Q1 2025 production, deliveries
Tesla Inc. (NASDAQ: TSLA) has announced results of vehicle production and deliveries for the first quarter of 2025. The company also provided data on the deployment of energy storage products