Hormel Foods Reports Second Quarter Results

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Go back to Hormel Foods Reports Second Quarter Results

Hormel Foods (HRL) Reports In-Line Q2 EPS

May 21, 2020 6:31 AM EDT

Hormel Foods (NYSE: HRL) reported Q2 EPS of $0.42, in-line with the analyst estimate of $0.42. Revenue for the quarter came in at $2.42 billion versus the consensus estimate of $2.37 billion.

EXECUTIVE COMMENTARY AND OUTLOOK:

"As a global branded food company, we play a critical role in providing safe, high-quality food during this challenging time," said Jim Snee, chairman of the board, president and chief executive officer. "I am incredibly proud of the heroic efforts of our production professionals, who have risen to the challenge and continue to produce... More