Revenue: US$2.99b (flat on 1Q 2024). Net income: US$170.6m (down 22% from 1Q 2024). Profit margin: 5.7% (down from 7.3% in 1Q 2024). EPS: US$0.31 (down from US$0.40 in 1Q 2024). Revenue exceeded ...
Good morning, ladies and gentlemen, and welcome to the Hormel's Foods Corporation first-quarter earnings conference call. [Operator instructions] This call is being recorded on Thursday ...
Hormel's Q1 adjusted EPS missed estimates, while sales of $2.99B exceeded expectations. Retail brands like SPAM drove growth, but margins contracted. Find out which stock just plummeted to the ...
(Reuters) - Skippy peanut butter maker Hormel Foods on Thursday missed first-quarter profit estimates, hurt by higher input costs and the persistent effects of a supply issue at its Planters brand's ...
Outlook: Hormel Foods reiterated FY25 revenue outlook between $11.9 billion and $12.2 billion, compared with the $12.08 billion estimate. The company expects adjusted EPS to range from $1.58 to $1 ...
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Similar discrepancies were cited with products like Kentucky Legend turkey breast and Hormel Ham, where allegedly altered weights often went unnoticed on receipts that are included in the ...
Arsenal suffered through another 10-man, finish-challenged disappoint as Graham Potter’s West Ham United picked up a 1-0 win at the Emirates Stadium on Saturday. The Gunners again failed to capitalize ...