Every 10-Q that Hormel Foods Corporation (HRL) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow HRL and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full HRL filings page.
Hormel Foods Corporation (HRL) reported weaker GAAP results for the quarter ended July 26, 2026, as one-time charges offset relatively stable underlying operations. Net sales were $2.96 billion, down 2.4% year over year, while volume fell 7.4%.
Net earnings attributable to Hormel declined to $59.6 million from $183.7 million, and diluted EPS dropped to $0.11, largely due to a $56 million loss tied to the Brazil divestiture, a $48 million non-cash impairment of the Garudafood equity investment in Indonesia, and a $37.5 million turkey antitrust litigation settlement. By contrast, adjusted diluted EPS rose 5.7% to $0.37, reflecting lower underlying SG&A and solid Foodservice performance.
Foodservice net sales grew 1.6% and segment profit 2.7%, while Retail and International segment profits fell, with International heavily affected by the impairment. Operating cash flow for the first nine months rose 47% to $768.8 million, supported by better working capital. Total debt was broadly stable at $2.86 billion, and the company had no borrowings under its $750 million revolving credit facility.
Hormel Foods Corporation reported mixed Q2 fiscal 2026 results. Net sales rose to $2.97 billion, up 2.5%, but diluted EPS fell to $0.29, down 12.1%. Adjusted diluted EPS increased 14.3% to $0.40, reflecting stronger underlying operations.
Total segment profit grew 12.6% to $333.6 million, with Retail, Foodservice, and International all improving, helped by better turkey network performance and export strength. However, a $61 million loss on the sale of the whole-bird turkey business weighed on GAAP earnings and boosted SG&A.
For the first six months, net sales reached $6.0 billion (up 1.9%) and diluted EPS was $0.62 versus $0.64. Operating cash flow strengthened to $528 million, a 44% increase, aided by more favorable working capital. The company continues a restructuring and Transform and Modernize initiative while managing higher logistics and legal costs.
Hormel Foods reported a solid first quarter of fiscal 2026, with net sales of $3.03 billion, up 1.3%, and diluted EPS of $0.33, a 6.5% increase. Adjusted diluted EPS was $0.34, down 2.9% as higher costs offset gains.
Foodservice and International segments grew sales 7.3% and 7.6%, respectively, and increased profit, while Retail sales fell 2.2% and profit dropped 19.3% due to lower volumes, higher raw materials, and rising logistics expenses. Gross margin slipped to 15.5% of sales.
The company recorded a $23.5 million gain from selling a controlling stake in Justin’s, LLC and began executing a corporate restructuring plan, incurring $8.5 million of related costs. Operating cash flow strengthened to $349 million, helped by a $91 million inventory reduction, while cash ended at $867.9 million and long-term debt remained about $2.9 billion.
Hormel Foods Corporation (HRL) reported continued top-line growth with mixed profit signals. Net sales for Q3 fiscal 2025 rose 5% year-over-year and organic net sales increased 6%, driven by growth across segments including turkey, SPAM®, snack nuts, Mexican foods, and Foodservice customized solutions. Diluted EPS was $0.33, up 3% versus prior year, while adjusted diluted EPS was $0.35, down 5% versus prior year.
The company increased its annual dividend to $1.16 per share (59th consecutive annual increase) and paid $474 million in dividends in the first nine months. Capital expenditures were $219 million year-to-date with fiscal 2025 capex estimated at approximately $300 million. Long-term fixed-rate unsecured senior notes totaled $2.9 billion and the company had an unused $750 million unsecured revolving credit facility. Management stated compliance with all debt covenants and ongoing hedging programs for commodity and interest rate risks.