Hormel Foods Corp (HRL) announced earnings for its first quarter that Increases, from the same period last year
The company's earnings totaled $181.80 million, or $0.33 per share. This compares with $170.58 million, or $0.31 per share, last year.
Excluding items, Hormel Foods Corp reported adjusted earnings of $186.48 million or $0.34 per share for the period.
The company's revenue for the period rose 1.3% to $3.027 billion from $2.988 billion last year.
Hormel Foods Corp earnings at a glance (GAAP) :
-Earnings: $181.80 Mln. vs. $170.58 Mln. last year.-EPS: $0.33 vs. $0.31 last year.-Revenue: $3.027 Bln vs. $2.988 Bln last year.
-Guidance:Full year EPS guidance: $ 1.43 B To $ 1.51 BFull year revenue guidance: $ 12.2 B To $ 12.5 B
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.