Hormel Foods FY26 Q2 EPS drops 12% to 0.29; net sales rise 2.5% to USD 2.97 billion

Hormel Foods Corporation

Hormel Foods Corporation

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  • Hormel Foods posted fiscal Q2 diluted EPS of $0.29, down 12%, while net earnings attributable to shareholders fell 12.5% to USD 157.47 million.
  • Net sales rose 2.5% to USD 2.97 billion, while volume slipped 1.2% to 987,852 lbs.
  • Earnings before income taxes dropped 10.6% to USD 206.06 million on a USD 61 million loss on the sale of the whole-bird turkey business.
  • Segment profit increased 12.6% to USD 333.56 million, led by Retail up 13.5% to USD 155.64 million; Foodservice rose 10.8% to USD 155.78 million.
  • International segment profit climbed 20.3% to USD 22.14 million; effective tax rate widened 1.6 percentage points to 23.6%.


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