Hormel Foods Q1 Earnings Beat Estimates, Sales Increase Y/Y

Key Takeaways Q1 net sales rose 1.3% while adjusted EPS beat estimates despite a year-over-year decline.HRL's Retail sales dropped 2%, while Foodservice and International rose 7% and 8%, respectively.HRL reaffirmed fiscal 2026 sales of $12.2B-$12.5B and EPS guidance of $1.43-$1.51.Hormel Foods Corporation (HRL) reported first-quarter fiscal 2026 results, with the top line increasing year over year while missing the Zacks Consensus Estimate. The bottom line declined year over year but beat the consensus mark ...