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

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

November 21, 2017 6:30 AM EST

AUSTIN, Minn., Nov. 21, 2017 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL) today reported results for the fourth quarter of fiscal year 2017.

EXECUTIVE SUMMARY FISCAL 2017

Three of five segments delivered record segment profit Volume down 8%; Organic volume1 up 2% Sales of $9.2 billion, down 4%; Organic net sales1 up 3% Diluted earnings per share of $1.57, down 4% from 2016 EPS of $1.64... More