Hormel Foods Corporation (HRL) Q1 2020 Earnings Results

Hormel Foods Misses on EPS, Stock Down 6.01%

Hormel Foods reported a slight miss on EPS, which contributed to a significant drop in stock price by 6.01%. The company's management highlighted challenges in the market and supply chain, indicating potential difficulties ahead. Investors may need to consider these factors as they assess the company's future performance.

The print

Key numbers

Actual vs. consensus

Metric	Actual	Expected	Surprise
EPS	$0.45	N/A	-2.98%

Management

Management commentary

Tone: Defensive

Overall, management conveyed a cautious outlook due to external pressures. They emphasized the need to adapt to changing market dynamics.

Management expressed concerns about market conditions impacting performance.

They highlighted ongoing challenges in the supply chain.

Hormel Foods Misses on EPS, Stock Down 6.01%

Key numbers

Management commentary

Hormel Foods Corporation

More earnings this week

Hormel Foods Misses on EPS, Stock Down 6.01%

Key numbers

Management commentary