Hormel Foods FY26 Q3 GAAP diluted EPS drops to $0.11; net sales fall 4% to $2.96 billion
HRL•Discrete items and FY2026 outlook
Results include discrete pre-tax items: USD 56 million Brazil divestiture loss, USD 48 million Indonesia impairment, USD 38 million litigation settlement.
FY2026 outlook: net sales USD 12.1-12.2 billion; adjusted diluted EPS raised and narrowed to USD 1.45-1.51.
Q3 results show lower sales, income, and EPS
Hormel Foods posts Q3 results: net sales USD 2.96 billion, organic net sales down 2% versus the prior-year quarter.
Operating income drops to USD 111 million; operating margin narrows to 3.7% from 7.9% a year earlier.
GAAP diluted EPS falls to USD 0.11; adjusted diluted EPS comes in at USD 0.37.




