Hormel Foods Corporation (HRL) Financials
Key financial figures for Hormel Foods Corporation (Q3 2026).
Hormel Q3 FY2026: net sales dip 2% organically as Retail and International soften, but adjusted EPS of $0.37 beats prior year and FY2026 adjusted EPS guidance is raised and narrowed to $1.45-$1.51. Net sales were $2.96 billion, down about 2% year over year and down 2% organically, as Retail and International softness offset continued Foodservice growth. GAAP diluted EPS fell to $0.11 from $0.33 a year ago, weighed down by a $57.4 million loss on divestitures (including the Brazil operations exit), a $48.2 million impairment tied to an Indonesia minority investment, and a $37.5 million litigation settlement. Adjusted diluted EPS was $0.37, up from $0.35 in Q3 FY2025, with adjusted operating income of $266.2 million (9.0% adjusted operating margin). On the outlook: FY2026 (updated 2026-08-27): net sales $12.1-$12.2 billion (narrowed from $12.2-$12.5 billion); organic net sales growth 1%-2% (narrowed from 1%-4%); adjusted diluted EPS $1.45-$1.51, or 6%-10% growth (raised and narrowed from $1.43-$1.51); GAAP diluted EPS $1.06-$1.12 (cut from $1.28-$1.37, reflecting Q3 divestiture, impairment, and litigation charges); adjusted operating income $1.08-$1.12 billion, unchanged from the prior update. Figures are for Q3 FY2026, as Hormel Foods reported them.
- Revenue
- $3.0B
- Net Income
- $60M
- EPS
- $0.11
- Total Assets
- $13.3B
- Operating Cash Flow
- $241M
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $3.0B | $60M | $0.11 | 3.75% | $172M |
| Q2 FY2026 | $3.0B | $157M | $0.29 | 7.3% | $97M |
| Q1 FY2026 | $3.0B | $182M | $0.33 | 8.05% | $280M |
| Q4 FY2025 | $3.2B | -$56M | -$0.10 | 0.07% | $231M |
| Q3 FY2025 | $3.0B | $184M | $0.33 | 7.9% | $85M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $12.1B | $478M | $0.87 | 5.94% | $534M |
| FY2024 | $11.9B | $805M | $1.47 | 8.96% | $1.0B |
| FY2023 | $12.1B | $794M | $1.45 | 8.85% | $778M |
Frequently asked questions
What was Hormel Foods's revenue last quarter?
Hormel Foods reported revenue of $2.96 billion for Q3 FY2026, down 2.4% from the same period a year earlier.
Is Hormel Foods profitable?
Yes. Hormel Foods reported net income of $59.6 million for Q3 FY2026, a net margin of 2.01% on revenue.
How has Hormel Foods's margin trended?
Operating margin was 3.75% in Q3 FY2026, compared with 7.9% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did Hormel Foods generate?
Hormel Foods generated free cash flow of $172.4 million in Q3 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for Hormel Foods Corporation on SentiSense, with up to forty quarters and twenty fiscal years of history.