Hormel Foods marginally misses Q4 revenue estimates

Hormel Foods

04/12/2025 11:40

Overview

Hormel Foods Q4 revenue slightly misses analysts' expectations

Operating income and pretax profit miss estimates due to impairment charges

However, adjusted EPS beats consensus

Outlook

Hormel Foods expects fiscal 2026 net sales of $12.2 bln to $12.5 bln

Adjusted operating income for fiscal 2026 is projected at $1.06 bln to $1.12 bln

Company forecasts fiscal 2026 adjusted EPS of $1.43 to $1.51

Result Drivers

INPUT COST INFLATION - Persistent input cost inflation and discrete items challenged profitability, per interim CEO Jeff Ettinger

PRICING INITIATIVES - Co has taken actions to improve profitability, including targeted pricing initiatives and reductions in administrative expenses

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
Slight Miss*
$3.20 bln
$3.23 bln (8 Analysts)
Q4 Adjusted EPS
Beat
$0.32
$0.30 (8 Analysts)
Q4 EPS
-$0.10
Q4 Operating income
Miss
$2 mln
$235.81 mln (6 Analysts)
Q4 Pretax Profit
Miss
-$22 mln
$229.51 mln (4 Analysts)
Q4 Operating Margin
0.10%


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", 7 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the food processing peer group is "buy."

Wall Street's median 12-month price target for Hormel Foods Corp is $27.00, about 16% above its December 3 closing price of $23.27

Press Release: ID:nPn3PxGZca

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)