Food Products
Price
$21.54
-0.65%Market Cap
$11.85B
Day High
$21.86
Day Low
$21.50
Hormel Foods' Q3 FY2026 GAAP EPS fell 67% to $0.11 on $155 million in one-time charges, while adjusted EPS rose 6% to $0.37 as Foodservice growth and lower adjusted SG&A partially offset softer Retail and International sales.
Key risk: Sharp decline in GAAP earnings due to one-time charges and segment losses
Net income fell 67.6% year over year to $59.6 million in Q3 FY2026, and operating income declined 53.7%, driven by $155 million in one-time charges and a $29.2 million International segment loss. These items indicate potential for continued earnings volatility.
Other Packaged Foods & Meats companies