Shares of Hormel Foods dropped sharply in premarket trading Thursday after the Spam maker said it expects "near-term pressures" continuing through the current quarter. https://t.co/wPmxmAkW8Z ...

Third Quarter Key Messages - The company delivered strong top-line growth, supported by each segment[7] - Bottom-line results were pressured by a steep rise in commodity input costs[7] - Leadership is aligned on a clear mission of profitable growth[7] Retail Segment Performance (FY25 Q3 YoY) - Retail volume increased by 5%[18] - Retail net sales increased by 5%[18] - Retail segment profit decreased by 4%[18] Foodservice Segment Performance (FY25 Q3 YoY) - Foodservice organic volume increased by 2%[22] - Foodservice organic net sales increased by 7%[22] - Foodservice segment profit decreased by 1%[22] International Segment Performance (FY25 Q3 YoY) - International volume increased by 8%[24] - International net sales increased by 6%[24] - International segment profit decreased by 13%[24] Fiscal Year 2025 Outlook (Revised) - Net sales are expected to be in the range of $12.1 billion to $12.2 billion[29] - Operating income is expected to be in the range of $0.98 billion to $1.00 billion[29] - Adjusted operating income is expected to be in the range of $1.05 billion to $1.07 billion[29] - Adjusted diluted earnings per share are expected to be in the range of $1.43 to $1.45[29] - Capital expenditures are targeted at approximately $300 million[30] - The Transform & Modernize initiative is expected to contribute incremental benefits in the range of $100 million to $150 million[30]

Company Delivered Strong Top-Line Results; Leadership Aligned on a Clear Mission of Profitable Growth AUSTIN, Minn., Aug. 28, 2025 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today reported results for the third quarter of fiscal 2025, which ended July 27, 2025. All comparisons are to the comparable period of fiscal 2024, unless otherwise noted. EXECUTIVE SUMMARY — THIRD QUARTER EXECUTIVE COMMENTARY AND FOURTH QUARTER OUTLOOK "I am honored to rejoin this ...

EXECUTIVE SUMMARY — THIRD QUARTER Company Delivered Strong Top-Line Results; Leadership Aligned on a Clear Mission of Profitable Growth AUSTIN, Minn. (Aug 28, 2025) – Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today reported results for the third quarter of fiscal 2025, which ended July 27, 2025. All comparisons are to the comparable period of fiscal 2024, unless otherwise noted. EXECUTIVE COMMENTARY AND FOURTH QUARTER OUTLOOK INVESTOR CONTACT: Jess Blomberg ir@hormel.c ...

Launched alongside the spicy arrival of LA VICTORIA® Verde Habanero Salsa, these newest offerings build on the brand's legacy of bold, unforgettable flavorORANGE, Calif., Aug. 26, 2025 /PRNewswire/ -- The LA VICTORIA® brand, long celebrated for bold, crave-worthy salsas and sauces, is today unveiling four fresh culinary creations that build upon its century-long legacy of flavor excellence. The brand team is launching an all-new line of signature topping sauces, available in three distinct flavors: Chipotle ...

Key Takeaways Hormel Foods sees Foodservice growth from strong customer ties and innovative offerings.Management expects mid-single-digit sales growth in Foodservice for Q3Higher costs and tough comparisons pressure near-term performance.Hormel Foods Corporation ((HRL) is likely to register top-line growth when it reports third-quarter fiscal 2025 earnings on Aug. 28, before market open. The Zacks Consensus Estimate for quarterly revenues is pegged at $2.98 billion, which indicates a 2.7% rise from the year ...

Wall Street analysts forecast that Hormel Foods (HRL) will report quarterly earnings of $0.41 per share in its upcoming release, pointing to a year-over-year increase of 10.8%. It is anticipated that revenues will amount to $2.98 billion, exhibiting an increase of 2.7% compared to the year-ago quarter.The consensus EPS estimate for the quarter has been revised 1.4% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial ...

Two all-new taste experiences reimagine how fans enjoy their favorite pepperoni AUSTIN, Minn., Aug. 12, 2025 /PRNewswire/ -- As consumers continue to seek out bold, adventurous flavors and new ways to elevate everyday eating occasions, the makers of HORMEL® Pepperoni are answering the call with two exciting new additions to its category-defining lineup: HORMEL® Pepperoni with Jalapeño and HORMEL® Pepperoni Dill Pickle Flavored. These bold new flavors are made for today's food lovers — those who crave a litt ...

Core Viewpoint - Hormel Foods Corporation will discuss its third quarter financial results in a conference call scheduled for August 28, 2025, with key executives participating [1]. Group 1: Company Overview - Hormel Foods Corporation is a global branded food company based in Austin, Minnesota, with approximately $12 billion in annual revenue across more than 80 countries [3]. - The company offers a diverse range of brands, including PLANTERS®, SKIPPY®, SPAM®, and HORMEL® NATURAL CHOICE®, among others, totaling over 30 well-known brands [3]. - Hormel Foods is a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats, recognized for its corporate responsibility and community service efforts [3]. Group 2: Upcoming Events - The company will issue its earnings release before the markets open on August 28, 2025, followed by a conference call at 8 a.m. CT (9 a.m. ET) [1]. - Interested parties can access the webcast, replay, and additional information related to the event on the company's investor website [2].

Catch the SPAM® Musubi Mobile at select Southern California Ralphs locations around National SPAM® Musubi Day for free samples, merch and more AUSTIN, Minn., Aug. 4, 2025 /PRNewswire/ -- The SPAM® brand, in collaboration with Kroger, is turning heads this summer — and they're doing it in style. Earlier this year, SPAM® sushi products rolled out nationwide at Kroger's Family Stores, including Ralphs Grocery Company, and now they're hitting the road to celebrate in true SPAM® brand style! Introducing the firs ...