Revenue and Gross Profit Growth
Total cost of revenue rose 1.7% YoY to $5.01B, while gross profit grew 3.0% YoY to $988.1M, suggesting modest top-line expansion and slight improvement in production efficiency or product mix.
HORMEL FOODS CORP /DE/ is expected to release its Q3 2026 10-Q filing on August 27, 2026, before market open. Last quarter: Hormel Foods reported a modest revenue increase of ~1.7% in Q2 2026, but net income fell 3.2% to $339.3M as higher SG&A costs and operating expenses pressured margins despite strong operating cash flow growth of 44.4%.
EPS Estimate
$0.36
Revenue Estimate
$3.08B
Analyst consensus from Finnhub and Financial Modeling Prep. Actual results posted within minutes of the SEC filing on the HRL page.
Drawn from management commentary in the Q2 2026 10-Q:
Total cost of revenue rose 1.7% YoY to $5.01B, while gross profit grew 3.0% YoY to $988.1M, suggesting modest top-line expansion and slight improvement in production efficiency or product mix.
SG&A expenses surged 8.9% YoY to $560.3M, significantly outpacing gross profit growth of 3.0%, which drove operating income down 3.3% YoY to $460.8M and compressed operating margins.
Net income declined 3.2% YoY to $339.3M, and both basic and diluted EPS fell from $0.64 to $0.62, reflecting the impact of elevated operating costs on bottom-line profitability.
Cost of Revenue
$5.01B
+1.70% YoY
EPS (Diluted)
$0.62
-3.13% YoY
Operating Income
$460.81M
-3.33% YoY
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