Hormel Foods Corporation (NYSE: HRL) is a prominent figure in the global branded food industry, known for its focus on meat products. As a member of the Zacks Food – Meat Products industry, Hormel is dedicated to delivering consumer-focused, protein-centric offerings. The company faces competition from other major food companies but remains committed to maintaining its market position through strategic initiatives and product innovation.
On May 29, 2025, Hormel reported an earnings per share (EPS) of $0.35, aligning with the estimated EPS. This performance meets the Zacks Consensus Estimate but shows a slight decrease from the $0.38 per share reported in the same quarter the previous year. Over the last four quarters, Hormel has surpassed consensus EPS estimates only once, highlighting the challenges it faces in consistently exceeding market expectations.
Hormel’s revenue for the quarter was approximately $2.9 billion, slightly below the estimated $2.99 billion. This figure is nearly unchanged from the $2.89 billion reported in the same period last year, missing the Zacks Consensus Estimate by 0.20%. Despite this, the company achieved solid top-line growth, as emphasized by Jim Snee, Hormel’s president and CEO.
Looking forward, Hormel anticipates strong growth in the second half of the fiscal year, driven by its turkey portfolio and the Planters® brand. The company is also poised to benefit from its ongoing Transform and Modern initiatives, which aim to enhance operational efficiency and market presence. Hormel’s financial metrics, such as a P/E ratio of 21.50 and a debt-to-equity ratio of 0.36, indicate a stable financial position with manageable debt levels.