Hormel Mixed Q1: Retail Weakness Weigh On Strong Foodservice, International Sales

Hormel Foods Corp (NYSE:HRL) stock fell on Thursday after the company reported mixed first-quarter FY26 results.Earnings SnapshotThe company reported adjusted earnings per share of 34 cents, beating the analyst consensus estimate of 32 cents.However, sales of $3.03 billion missed the Street view of $3.07 billion.The company reported operating income of $244 million and adjusted operating income of $247 million, resulting in an operating margin of 8% and an adjusted operating margin of 8.2%.Cash flow from op ...