secwatch.observer — SEC 8-K summary
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Issuer:     HORMEL FOODS CORP /DE/ (HRL)
CIK:        0000048465
Form:       8-K
Filed at:   2026-05-27T21:41:28+00:00
Accession:  0000048465-26-000024
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hormel Q2 adjusted EPS $0.40 (+10%+); net sales $2.97B; reaffirms FY adjusted EPS $1.43-1.51
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- GAAP EPS $0.29 includes $61M loss on sale of whole-bird turkey business; adjusted EPS $0.40 up double-digit.
- Organic net sales +3% with all three segments reporting profit growth: Retail +13%, Foodservice +11%, International +20%.
- FY GAAP EPS guidance cut to $1.28-1.37 from $1.37-1.46 due to divestiture loss; adjusted EPS guidance reaffirmed $1.43-1.51.
- Operating cash flow $179M, capex $82M; returned $161M to shareholders via dividends.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/48465/000004846526000024/0000048465-26-000024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/48465/000004846526000024/hrl-20260528.htm
  HTML page:      https://secwatch.observer/filing/0000048465-26-000024

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer