HORMEL FOODS REPORTS FIRST QUARTER FISCAL 2023 RESULTS

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Hormel Foods (HRL) Misses Q1 EPS by 6c

March 2, 2023 6:31 AM EST

Hormel Foods (NYSE: HRL) reported Q1 EPS of $0.40, $0.06 worse than the analyst estimate of $0.46. Revenue for the quarter came in at $3 billion versus the consensus estimate of $3.09 billion.

GUIDANCE:

Hormel Foods sees FY2023 EPS of $1.70-$1.82, versus the consensus of... More