HRL Stock - Hormel Foods Corporation
Unlock GoAI Insights for HRL
Get institutional-grade AI analysis, real-time signals, and deep market intelligence powered by advanced machine learning.
Free 14-day trial • No credit card required
Premium members get real-time SMS alerts
Financial Statements
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $12.11B | $11.92B | $12.11B | $12.46B | $11.39B |
| Gross Profit | $1.87B | $2.02B | $2.00B | $2.16B | $1.93B |
| Gross Margin | 15.5% | 17.0% | 16.5% | 17.4% | 16.9% |
| Operating Income | $875.24M | $1.07B | $1.07B | $1.31B | $1.12B |
| Net Income | $478.20M | $805.04M | $793.57M | $999.99M | $908.84M |
| Net Margin | 4.0% | 6.8% | 6.6% | 8.0% | 8.0% |
| EPS | $0.87 | $1.47 | $1.45 | $1.84 | $1.68 |
Hormel Foods Corporation develops, processes, and distributes various meat, nuts, and food products to retail, foodservice, deli, and commercial customers in the United States and internationally. The company operates through four segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, and International & Other. It provides various perishable products that include fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamoles, and bacons; and shelf-stable products comprising canned luncheon meats, nut butters, snack nuts, chilies, shelf-stable microwaveable meals, hashes, stews, tortillas, salsas, tortilla chips, and others. The company also engages in the processing, marketing, and sale of branded and unbranded pork, beef, poultry, and turkey products, as well as offers nutritional food products and supplements, desserts and drink mixes, and industrial gelatin products. It sells its products primarily under the SKIPPY, SPAM, Hormel, Natural Choice, Applegate, Justin's, Jennie-O, Café H, Herdez, Black Label, Sadler's, Columbus, Gatherings, Herdez, Wholly, Columbus, Planters, NUT-rition, Planters Cheez Balls, Corn Nuts, etc. brand names through sales personnel, independent brokers, and distributors. The company was formerly known as Geo. A. Hormel & Company and changed its name to Hormel Foods Corporation in January 1995. Hormel Foods Corporation was founded in 1891 and is headquartered in Austin, Minnesota.
Visit WebsiteRating Distribution
Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| August 20th 2025 | JP Morgan | Upgrade | Overweight | $34 |
| June 23rd 2025 | Goldman | Initiation | Buy | $35 |
| May 27th 2025 | BNP Paribas Exane | Upgrade | Neutral | $30 |
| April 15th 2025 | BofA Securities | Upgrade | Neutral | $35 |
| October 21st 2024 | Exane BNP Paribas | Initiation | Underperform | $28 |
| October 3rd 2024 | Stephens | Resumed | Equal Weight | $31 |
| August 13th 2024 | Citigroup | Upgrade | Buy | $37← $33 |
| May 31st 2024 | JP Morgan | Upgrade | Neutral | $29← $28 |
| February 1st 2024 | Citigroup | Initiation | Neutral | $31 |
| March 30th 2023 | Argus | Downgrade | Hold | - |
| March 3rd 2023 | JP Morgan | Downgrade | Underweight | $38← $47 |
Earnings History & Surprises
HRLEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | May 27, 2026 | — | — | — | — |
Q1 2026 | Feb 26, 2026 | $0.32 | — | — | — |
Q4 2025 | Dec 4, 2025 | $0.30 | $0.32 | +6.1% | ✓ BEAT |
Q3 2025 | Aug 28, 2025 | $0.40 | $0.35 | -12.8% | ✗ MISS |
Q2 2025 | May 29, 2025 | $0.34 | $0.35 | +2.4% | ✓ BEAT |
Q1 2025 | Feb 27, 2025 | $0.38 | $0.35 | -7.0% | ✗ MISS |
Q4 2024 | Dec 4, 2024 | $0.43 | $0.42 | -2.3% | ✗ MISS |
Q3 2024 | Sep 4, 2024 | $0.36 | $0.37 | +2.8% | ✓ BEAT |
Q2 2024 | May 30, 2024 | $0.36 | $0.38 | +5.6% | ✓ BEAT |
Q1 2024 | Feb 29, 2024 | $0.33 | $0.41 | +24.2% | ✓ BEAT |
Q4 2023 | Nov 29, 2023 | $0.44 | $0.42 | -4.5% | ✗ MISS |
Q3 2023 | Aug 31, 2023 | $0.41 | $0.40 | -2.4% | ✗ MISS |
Q2 2023 | Jun 1, 2023 | $0.40 | $0.40 | 0.0% | = MET |
Q1 2023 | Mar 2, 2023 | $0.45 | $0.40 | -11.1% | ✗ MISS |
Q4 2022 | Nov 30, 2022 | $0.50 | $0.51 | +2.0% | ✓ BEAT |
Q3 2022 | Sep 1, 2022 | $0.41 | $0.40 | -2.4% | ✗ MISS |
Q2 2022 | Jun 2, 2022 | $0.47 | $0.48 | +2.1% | ✓ BEAT |
Q1 2022 | Mar 1, 2022 | $0.44 | $0.44 | 0.0% | = MET |
Q4 2021 | Dec 9, 2021 | $0.50 | $0.51 | +2.0% | ✓ BEAT |
Q3 2021 | Sep 2, 2021 | $0.39 | $0.39 | 0.0% | = MET |
Latest News
Barclays Maintains Overweight on Hormel Foods, Lowers Price Target to $30
➖ NeutralHormel Foods Files For Debt Shelf; Size Not Disclosed
➖ NeutralPiper Sandler Maintains Neutral on Hormel Foods, Raises Price Target to $26
➖ NeutralJP Morgan Maintains Overweight on Hormel Foods, Raises Price Target to $28
📈 PositiveB of A Securities Maintains Neutral on Hormel Foods, Raises Price Target to $26
➖ NeutralHormel manages to eke out a Q4 profit beat and provides a higher forecast
📈 PositiveHormel shares are trading higher after the company issued FY2026 EPS and sales guidance above analyst estimates.
📈 PositiveHormel Foods Sees Continued Earnings Pressure In Q1 And Earnings Growth Expected For The Remainder Of The Year
➖ NeutralHormel Foods Sees FY2026 Adj EPS $1.43-$1.51 vs $1.36 Est; Sees Sales $12.200B-$12.500B vs $12.148B Est
📈 PositiveHormel Foods Q4 Adj. EPS $0.32 Beats $0.30 Estimate, Sales $3.185B Miss $3.228B Estimate
➖ NeutralReported Earlier, The Board Of Directors Of Hormel Foods Announced A 1% Increase To The Quarterly Dividend, Raising The Implied Annualized Rate To $1.17 Per Share
📈 PositiveJP Morgan Maintains Overweight on Hormel Foods, Lowers Price Target to $27
➖ NeutralPresident Trump Posts On X "I have asked the DOJ to immediately begin an investigation into the Meat Packing Companies who are driving up the price of Beef through Illicit Collusion, Price Fixing, and Price Manipulation.
📉 NegativePiper Sandler Maintains Neutral on Hormel Foods, Lowers Price Target to $25
➖ NeutralHormel Foods Announces Corporate Restructuring Including A Voluntary Early Retirement Program For Some Non-Plant Employees, Closing Many Open Roles, And Reducing ~250 Office-Based Corporate And Sales Positions
📉 NegativeGoldman Sachs Maintains Buy on Hormel Foods, Lowers Price Target to $27
➖ NeutralHormel Foods shares are trading lower after the company issued Q4 EPS guidance below its prior guidance. The company appointed Paul Kuehneman as interim CFO and controller.
📉 NegativeHormel Foods Appoints Paul Kuehneman As Interim CFO And Controller Effective October 27, 2025; Reports Strong Q4 Sales Momentum, Expects EPS $0.08–$0.09 Below Prior Guidance
➖ NeutralHormel Foods Signs Agreement With Forward Consumer Partners For Justin's Business To Become Standalone Firm
📈 PositiveReported Saturday, Hormel Foods Recalls 4.87M Pounds Of HORMEL FIRE BRAISED Products Over Possible Metal Contamination
📉 NegativeFrequently Asked Questions about HRL
What is HRL's current stock price?
What is the analyst price target for HRL?
What sector is Hormel Foods Corporation in?
What is HRL's market cap?
Does HRL pay dividends?
Similar Stocks
Consumer Defensive SectorExplore stocks similar to HRL for comparison