Hormel Foods

HRL

Market cap $12.8B

Hormel Foods Corporation reported positive Q2 results. Input cost inflation has weighed on HRL's margins, but retail segment earnings are finally stabilized in the report. A stabilizing earnings outlook makes HRL's dividend yield safer and more attractive.

Hormel Foods Corporation (HRL) Q2 2026 Earnings Call Transcript

Demand for Hormel's turkey brands are strong while Tyson's beef business posted an operating loss in the latest quarter.

Hormel Foods NYSE: HRL said its fiscal second-quarter results exceeded internal expectations, driven by organic sales growth across all three operating segments, improved margins and stronger manufacturing performance, particularly in turkey operations.

John Ghingo, Hormel Foods president, joins 'Squawk on the Street' to discuss the state of the consumer, where consumers are moving and much more.

Hormel Foods tops Q2 estimates as sales rise 2.5% on pricing, organic growth and stronger Retail, Foodservice and International profits.

While the top- and bottom-line numbers for Hormel (HRL) give a sense of how the business performed in the quarter ended April 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Hormel Foods (HRL) came out with quarterly earnings of $0.4 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.35 per share a year ago.

Hormel Foods reported a lower profit in the second quarter and said its full-year profit would be lower than expected, despite reporting progress in its turnaround strategy.

Company Delivers Sixth Consecutive Quarter of Organic Top-Line Growth, GAAP EPS of $0.29 and Double-Digit Growth in Adjusted EPS 1 AUSTIN, Minn., May 28, 2026 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today reported results for the second quarter of fiscal 2026, which ended April 26, 2026.