HORMEL FOODS REPORTS FIRST QUARTER FISCAL 2026 RESULTS

About this update from Hormel Foods Corporation

[{"type":"text","content":"Company Achieves Net Sales of $3 billion and Organic Net Sales1 Growth of 2%","length":76,"tagName":"p","attribs":{}},{"type":"text","content":"Company Reports Diluted EPS of $0.33; Adjusted Diluted EPS1 of $0.34","length":68,"tagName":"p","attribs":{}},{"type":"text","content":"Updates GAAP Guidance; Reiterates Adjusted Full Year Fiscal 2026 Guidance","length":73,"tagName":"p","attribs":{}},{"type":"text","content":"AUSTIN, Minn., Feb. 26, 2026 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today reported results for the first quarter of fiscal 2026, which ended January 25, 2026. All comparisons are to the comparable period of fiscal 2025, unless otherwise noted.","length":301,"tagName":"p"},{"type":"image","alt":"Hormel Foods Corporation, based in Austin, Minnesota, is a global branded food company with approximately $12 billion in annual revenue across more than 80 countries worldwide. (PRNewsfoto/Hormel Foods Corporation)","displaySize":"","headline":null,"caption":"Hormel Foods Corporation, based in Austin, Minnesota, is a global branded food company with approximately $12 billion in annual revenue across more than 80 countries worldwide. (PRNewsfoto/Hormel Foods Corporation)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":223,"url":"https://media.zenfs.com/en/prnewswire.com/83cba91016761f663d3c39df5eaaa30f"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/glQbEe3D1zw6.7NjPc.pEw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTM5MztjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/83cba91016761f663d3c39df5eaaa30f","width":400,"height":223}},"href":"https://mma.prnewswire.com/media/2774643/Hormel_Foods_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"EXECUTIVE SUMMARY — FIRST QUARTER","length":33,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Net sales of $3.03 billion; organic net sales1 up 2%","length":52,"tagName":"p"}]},{"val":[{"type":"text","content":"Operating income of $244 million; adjusted operating income1 of $247 million","length":76,"tagName":"p"}]},{"val":[{"type":"text","content":"Operating margin of 8.0%; adjusted operating margin1 of 8.2%","length":60,"tagName":"p"}]},{"val":[{"type":"text","content":"Earnings before income taxes of $234 million; adjusted earnings before income ...

More updates from Hormel Foods Corporation