Hormel Foods Corp. (HRL) Misses Q2 EPS by 4c
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Price: $34.74 +1.05%
Revenue Growth %: -1.0%
Financial Fact:
Provision for income taxes: 78.34M
Today's EPS Names:
MAXN, CSTR, ACU, More
Revenue Growth %: -1.0%
Financial Fact:
Provision for income taxes: 78.34M
Today's EPS Names:
MAXN, CSTR, ACU, More
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Hormel Foods Corp. (NYSE: HRL) reported Q2 EPS of $0.52, $0.04 worse than the analyst estimate of $0.56. Revenue for the quarter came in at $2.2 billion versus the consensus estimate of $2.24 billion.
Highlights:
- Grocery Products operating profit up 16 percent; volume up 1 percent; dollar sales flat
- Refrigerated Foods operating profit up 38 percent; volume flat; dollar sales up 10 percent
- Jennie-O Turkey Store operating profit up 2 percent; volume down 5 percent; dollar sales down 1 percent
- Specialty Foods operating profit down 26 percent; volume down 14 percent; dollar sales down 12 percent
- International & Other operating profit up 34 percent; volume up 26 percent; dollar sales up 23 percent
Hormel Foods Corp. reaffirmed FY2014 guidance.
For earnings history and earnings-related data on Hormel Foods Corp. (HRL) click here.
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