Hormel Foods Corporation (HRL) Q4 2022 Earnings Results

Hormel Foods Beats on EPS, Stock Down 2.47%

Hormel Foods reported a slight earnings beat with an EPS of $0.51, but the stock fell by 2.47% in reaction. Investors may be concerned about the lack of revenue data and the absence of forward guidance. Management's cautious tone regarding supply chain issues could also have contributed to the stock's decline.

The print

Key numbers

Actual vs. consensus

Metric	Actual	Expected	Surprise
EPS	$0.51	N/A	+2.41%
Revenue	N/A	N/A	N/A

Management

Management commentary

Tone: Cautiously Optimistic

Management acknowledged the current market challenges but expressed confidence in their long-term strategy. They are focused on adapting to consumer trends and maintaining quality.

Management highlighted ongoing challenges in the supply chain.

They emphasized their commitment to maintaining product quality.

There was a focus on adapting to changing consumer preferences.

Hormel Foods Beats on EPS, Stock Down 2.47%

Key numbers

Management commentary

Hormel Foods Corporation

More earnings this week

Hormel Foods Beats on EPS, Stock Down 2.47%

Key numbers

Management commentary