The earnings call presented a balanced view with solid organic sales growth and successful brand initiatives offset by margin pressures and supply chain challenges. The Planters recovery and progress in the Transform and Modernize initiative are promising, but challenges in the turkey supply chain and higher input costs remain concerns.

Company Guidance

During the Hormel Foods Corporation's first quarter earnings call for fiscal 2025, the company highlighted several key metrics and strategic initiatives guiding its performance. Hormel reported net sales of $3 billion, representing a 1% organic increase over the previous year, despite challenging market conditions. The company's value-added portfolio continued to perform well, contributing to a gross profit margin of 15.9%. Hormel's strategic initiatives included a focus on flagship brands, such as Spam and Applegate, which drove volume and net sales growth. The Planters brand showed significant sequential recovery, with expectations of further improvement in the second half of the year. Hormel reaffirmed its full-year organic net sales growth outlook of 1% to 3% and adjusted diluted net earnings per share expectations of $1.58 to $1.72. The company's Transform and Modernize initiative is on track to deliver $100 million to $150 million in additional benefits for fiscal 2025, aiming to enhance operational efficiencies and support long-term growth.

Solid Top-Line Results

Hormel Foods achieved a 1% organic net sales increase in the first quarter, driven by strong performance in the value-added portfolio and leadership positions in the marketplace.

Successful Brand Initiatives

Significant growth in iconic brands like Spam, Applegate, and Hormel Black Label Bacon due to focused marketing campaigns and innovative product launches.

Planters Business Recovery

The Planters brand showed significant sequential recovery with improved fill rates, distribution gains, and accelerated innovation.

Food Service Segment Growth

Strong performance in the food service segment, with premium prepared proteins achieving a fifth consecutive quarter of double-digit net sales growth.

International Segment Expansion

Continued growth in the international segment, with strong performance from global brands like Spam and Skippy, especially in China.

Transform and Modernize Initiative Progress

The initiative is expected to deliver $100 million to $150 million in additional benefits in fiscal 2025, with a focus on generating growth through investments in various strategic areas.

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Hormel Foods (DE:HO7) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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DE:HO7 Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Feb 27, 2025	2025 (Q1)	0.36 / -	0.39	―	―	―
Dec 04, 2024	2024 (Q4)	0.40 / 0.40	0.399	0.00% (0.00)
Sep 04, 2024	2024 (Q3)	0.35 / 0.35	0.38	-7.50% (-0.03)
May 30, 2024	2024 (Q2)	0.34 / 0.36	0.38	-5.00% (-0.02)
Feb 29, 2024	2024 (Q1)	0.32 / 0.39	0.38	2.50% (<+0.01)
Nov 29, 2023	2023 (Q4)	0.42 / 0.40	0.485	-17.65% (-0.09)
Aug 31, 2023	2023 (Q3)	0.39 / 0.38	0.38	0.00% (0.00)
Jun 01, 2023	2023 (Q2)	0.37 / 0.38	0.456	-16.67% (-0.08)
Mar 02, 2023	2023 (Q1)	0.43 / 0.38	0.418	-9.09% (-0.04)
Nov 30, 2022	2022 (Q4)	0.47 / 0.48	0.485	0.00% (0.00)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

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DE:HO7 Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Feb 27, 2025	€27.22	€27.00	-0.81%
Dec 04, 2024	€30.39	€29.31	-3.55%
Sep 04, 2024	€29.04	€28.05	-3.41%
May 30, 2024	€30.78	€29.09	-5.50%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

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