Hormel Foods Raises FY2026 Adj EPS Guidance from $1.43-$1.51 to $1.45-$1.51 vs $1.50 Est; Lowers FY2026 Sales Guidance from $12.200B-$12.500B to $12.100B-$12.200B vs $12.260B Est
Hormel Foods (NYSE:HRL) raises FY2026 Adj EPS guidance from $1.43-$1.51 to $1.45-$1.51 vs $1.50 analyst estimate. Lowers FY2026 sales outlook from $12.200 billion-$12.500 billion to $12.100 billion-$12.200 billion vs
Hormel is making a tiny bit more profit per share than they thought, but they expect to sell less food overall. This shows they're finding ways to work more efficiently, even though customers may be buying less.
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