Hormel Foods Reports Fiscal 2025 Results and 2026 Outlook

Hormel Foods Corp ( (HRL) ) has released its Q4 earnings. Here is a breakdown of the information Hormel Foods Corp presented to its investors.

Hormel Foods Corporation, a global branded food company based in Austin, Minnesota, is known for its wide range of products including Planters, Skippy, and SPAM. It operates in the food industry and is a member of the S&P 500 Index, recognized for its corporate responsibility and community service efforts.

Hormel Foods has reported its fourth quarter and full-year fiscal 2025 results, highlighting a continued strength in net sales despite challenges in profitability. The company achieved net sales of $12.1 billion for the year, with organic net sales increasing by 2%. However, profitability was impacted by input cost inflation and non-cash impairment charges.

Key financial metrics for fiscal 2025 include an operating income of $719 million and adjusted operating income of $1,019 million. The company also reported a diluted earnings per share of $0.87, with an adjusted diluted earnings per share of $1.37. For the fourth quarter, Hormel experienced a net sales increase to $3.2 billion, but faced a loss before income taxes of $22 million due to impairment charges.

Looking ahead to fiscal 2026, Hormel Foods aims to drive profitable growth with expected net sales between $12.2 billion and $12.5 billion, and adjusted operating income growth of 4% to 10%. The company plans to focus on brand leadership and operational excellence to meet evolving consumer needs, despite a challenging economic environment.

Hormel Foods remains committed to shareholder returns, announcing a 1% increase in its quarterly dividend, marking 60 years of uninterrupted dividend growth. The company is poised to navigate fiscal 2026 with strategic initiatives aimed at improving profitability and sustaining growth.