Hormel Foods (HRL) Tops Q1 EPS by 13c, Updates FY EPS Guidance
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Hormel Foods Announces Record First Quarter Results And Increases Guidance Due To Tax Reform
February 22, 2018 6:30 AM ESTAUSTIN, Minn., Feb. 22, 2018 /PRNewswire/ --Â Hormel Foods Corporation (NYSE: HRL), a leading global branded food company, today reported results for the first quarter of fiscal 2018. All earnings per share estimates assume a fiscal 2018 full year tax rate of 17.5 - 20.5 percent.
EXECUTIVE SUMMARY
Record diluted earnings per share of $0.56, up 27% from 2017 EPS of $0.44 Sales of... More