Hormel Foods (HRL) Tops Q4 EPS by 2c, Revenues Miss; Offers FY19 EPS/Revenue Guidance

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Hormel Foods Reports Record Fourth Quarter And Fiscal 2018 Earnings; Provides Fiscal 2019 Outlook

November 20, 2018 6:30 AM EST

AUSTIN, Minn., Nov. 20, 2018 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a leading global branded food company, today reported results for the fourth quarter of fiscal 2018. All comparisons are to the fourth quarter of fiscal 2017 unless otherwise noted.

EXECUTIVE SUMMARY - FISCAL 2018

Record diluted earnings per share of $1.86, up 18% from 2017 EPS of $1.57 Excluding a non-cash... More