Hormel Foods Q1 net sales up 1.3% to $3.03 billion; adjusted EPS $0.34 vs. $0.35
Hormel Foods reported first-quarter fiscal 2026 results for the period ended January 25, 2026, with net sales up 1.3% to $3.03 billion and GAAP diluted EPS of $0.33, up from $0.31. Adjusted diluted EPS fell to $0.34 from $0.35, and Retail segment profit dropped 19%. The company raised its GAAP diluted EPS guidance to $1.37 to $1.46 but reaffirmed its adjusted guidance of $1.43 to $1.51.
Key points
- Net sales of $3.03 billion, up 1.3%; organic net sales up 2%
- GAAP diluted EPS of $0.33 vs. $0.31 a year earlier; adjusted diluted EPS of $0.34 vs. $0.35
- Retail segment profit down 19%; Foodservice segment profit up 12.8%; International up 9.9%
- Fiscal 2026 GAAP diluted EPS guidance raised to $1.37 to $1.46 from $1.29 to $1.39; adjusted guidance of $1.43 to $1.51 reaffirmed
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:12 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 25, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.