Hormel Foods Q1 2026 Earnings Call Transcript

NodeGuardian · 2026-03-14T00:05:51+00:00

Hormel Foods' Q1 2026 results showed a 2% organic net sales increase and adjusted diluted EPS of $0.34, with growth in foodservice and international segments. The company is shifting its turkey focus to value-added products and maintaining its full-year growth outlook.

NodeGuardian

2026-03-14 00:05:51

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Hormel Foods reported solid Q1 2026 results, with a 2% organic net sales increase and adjusted diluted EPS of $0.34, driven by strong performance in foodservice and international segments despite a decline in retail. The company is strategically shifting its turkey business to focus on value-added products by divesting its whole bird turkey operations to Life Science Innovations. Management reaffirmed its full-year guidance, expecting continued top-line growth and sequential improvement in profitability throughout the year, supported by pricing actions and operational efficiency initiatives.

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