Hormel Foods Announces Full Year And Fourth Quarter Results And Provides Guidance For Fiscal 2018

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Hormel Foods (HRL) Announces the Strategic Merger of Grocery Products, Specialty Food

November 21, 2017 6:34 AM EST

Hormel Foods Corporation (NYSE: HRL) today announced that its Specialty Foods segment has been merged into its Grocery Products segment and will continue to be led by Luis Marconi, group vice president, Grocery Products. The primary focus of the segment is on delivering a... More

Hormel Foods (HRL) Tops Q4 EPS by 1c, Offers FY18 Guidance

November 21, 2017 6:33 AM EST

Hormel Foods (NYSE: HRL) reported Q4 EPS of $0.41, $0.01 better than the analyst estimate of $0.40. Revenue for the quarter came in at $2.49 billion versus the consensus estimate of $2.42 billion.

GUIDANCE:

Hormel Foods sees FY2018 EPS of $1.60-$1.70, versus the consensus of... More