Can Hormel Foods' International & Foodservice Offset Retail Weakness?
Key Takeaways Hormel Foods' Foodservice and International segments helped offset weaker Retail in Q1.HRL's Foodservice sales rose 7% with 13% profit growth, driven by pricing and strong demand.Hormel's Retail sales fell 2% and profit dropped 19% amid weak demand and higher costs.Hormel Foods Corporation (HRL) is leaning heavily on its International and Foodservice businesses to counterbalance a weak Retail performance and first-quarter fiscal 2026 results suggest that this strategy is working, though not fu ...