HORMEL FOODS REPORTS RECORD SALES AND DOUBLE-DIGIT EARNINGS GROWTH IN FISCAL 2022; EXPECTS CONTINUED SALES AND EARNINGS GROWTH IN FISCAL 2023

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Hormel Foods (HRL) Tops Q4 EPS by 1c; Guides for FY23

November 30, 2022 6:33 AM EST

Hormel Foods (NYSE: HRL) reported Q4 EPS of $0.51, $0.01 better than the analyst estimate of $0.50. Revenue for the quarter came in at $3.3 billion versus the consensus estimate of $3.38 billion.

GUIDANCE:

Hormel Foods sees FY2023 EPS of $1.83-$1.93, versus the consensus of... More