Hormel Foods-Hormel (HRL) Reports Q1 Earnings: What Key Metrics Have to Say

Core Insights - Hormel Foods reported revenue of $2.99 billion for the quarter ended January 2025, reflecting a year-over-year decline of 0.3% and an EPS of$ 0.35 compared to $0.41 a year ago [1] - The revenue exceeded the Zacks Consensus Estimate of$ 2.94 billion by 1.68%, while the EPS fell short of the consensus estimate of $0.37 by 5.41% [1] Revenue Breakdown - Retail Net Sales were$ 1.89 billion, surpassing the average estimate of $1.84 billion, but showing a year-over-year decline of 1.1% [4] - International Net Sales reached$ 168.50 million, below the average estimate of $179.03 million, representing a year-over-year decrease of 2.4% [4] - Foodservice Net Sales amounted to$ 930.19 million, exceeding the average estimate of $907.63 million, with a year-over-year increase of 1.9% [4] Segment Profit Analysis - Foodservice Segment Profit was$ 138.83 million, lower than the estimated $147.19 million [4] - International Segment Profit was$ 20.85 million, slightly above the estimated $20.79 million [4] - Retail Segment Profit stood at$ 119.15 million, below the estimated $125.46 million [4] Stock Performance - Hormel's shares have returned -4.8% over the past month, compared to a -2.2% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]