Hormel Foods (HRL)
NYSEConsumer StaplesPackaged FoodsSnapshot 2026-11-05
$22.60-0.70%
Close 2026-11-05 · 1-day change
NYSEConsumer StaplesPackaged FoodsSnapshot 2026-11-05
QuarterlyIQ Insights · HRL
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How this business ranks within consumer staples on a research-validated quality screen. As of 2026-11-05.
The screen ranks HRL against its sector on four durable signals: share dilution, return on capital, free-cash-flow yield, and FCF margin. Historically the highest-quality names tended toward better typical outcomes and fewer bad years over multi-year holds (strongest at three years, modest at one), and that pattern showed up even before the price moved. It characterizes business quality, not price direction.
Each leg is a sector-relative percentile (higher is better); 4 of 4 legs were available for this name. The composite is built from these four; the raw value follows each percentile for context.
A forward quality tilt, not a price prediction, and context for your own research rather than a recommendation. Not investment advice.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 1 of the last 3 quarter-over-quarter moves. Historically, Consumer Staples names rated strong grew net income 64% of the time over the next year (vs 53% for the rest of the cohort, n=2099).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Met or beat guidance 0% of the last 1 guided quarters · -13.5% avg surprise
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Foodservice • Volume up 1%; organic volume 1 up 1% • Net sales up 6%; organic net sales 1 up 7% • Segment profit up 11% Second quarter organic net sales 1 for the Foodservice segment was up 7%, marki…
Stated in 6 of 8 supplied quarters. Management reported: “Foodservice • Volume up 1%; organic volume 1 up 1% • Net sales up 6%; organic net sales 1 up 7% • Segment profit up 11% Second quarter organic net sales 1 for the Foodservice segment was up 7%, marking the 11 th consecutive quarter of organic net sales 1 growth for the segment.” “SEGMENT HIGHLIGHTS – SECOND QUARTER Retail • Volume down 2%; organic volume 1 down 2% • Net sales flat; organic net sales 1 up 1% • Segment profit up 13% Organic net sales 1 grew in the second quarter of fiscal 2026, as strong performance in Jennie-O ® ground turkey was partially offset by the strategic exit from select non-core private label snack nut items.” Operating income was $217.112 million in 2026-Q2.
“Foodservice • Volume up 1%; organic volume 1 up 1% • Net sales up 6%; organic net sales 1 up 7% • Segment profit up 11% Second quarter organic net sales 1 for the Foodservice segment was up 7%, marki…”
“"Our deliberate strategy around shaping our portfolio and sharpening our focus on value-added protein offerings has been demonstrated by our recently completed sale of a majority interest in the Just…”
““Our focus is on meeting the evolving needs of consumers through convenient, protein-centric offerings, brand leadership, and operational excellence.”
“Expand leadership in Foodservice • In a highly competitive pizza toppings landscape, Hormel ® premium pepperoni grew volume by over 20% in the quarter.”
“Expand leadership in Foodservice • Our Foodservice team again highlighted its innovative leadership during the quarter, bringing on-trend solutions for operators at the International Pizza Expo.”
“Diluted Earnings per Share 1 $1.58 - $1.72 1 PROGRESS EXECUTING STRATEGIC PRIORITIES – Q1 HIGHLIGHTS Drive focus and growth in our Retail business • The SPAM ® brand continued to attract new househol…”
Transform and Modernize (T&M) Initiative In the fourth quarter of fiscal 2023, the Company announced a multi-year T&M initiative.
Stated in 6 of 8 supplied quarters. Management reported: “Transform and Modernize (T&M) Initiative In the fourth quarter of fiscal 2023, the Company announced a multi-year T&M initiative.” “2 Continue to transform & modernize our Company • As anticipated, the T&M initiative delivered another impactful quarter, with approximately 90 projects contributing measurable value and earnings to the enterprise.” Operating income was $217.112 million in 2026-Q2.
Maintain net sales in the range of $12.2 billion to $12.5 billion with organic net sales growth of 1% to 4% for fiscal 2026.
• The Company returned $161 million to stockholders during the quarter through dividends.
Stated in 2 of 8 supplied quarters. Management reported: “• The Company returned $161 million to stockholders during the quarter through dividends.” “"This marks an impressive milestone, 60 years of uninterrupted dividend increases at Hormel Foods, a legacy we’re extremely proud of.””
“• The Company returned $161 million to stockholders during the quarter through dividends.”
Maintain adjusted diluted earnings per share guidance in the range of $1.43 to $1.51 for fiscal 2026, reflecting growth of 4% to 10%.
Over the trailing year it converted 1.80x of net income into operating cash flow. Historically, Consumer Staples names rated robust grew net income 68% of the time over the next year (vs 49% for the rest of the cohort, n=1558).
Most sensitive to long-term interest rates.
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, the broad stock market, Fed net liquidity (low R² over the window).
17 material management or governance events in the past 24 months, led by executive changes. Historically, Consumer Staples names rated volatile grew net income 55% of the time over the next year (vs 57% for the rest of the cohort, n=1973).
Not investment advice. As of 2026-11-05.
“Transform and Modernize (T&M) Initiative In the fourth quarter of fiscal 2023, the Company announced a multi-year T&M initiative.”
“"Our performance this quarter demonstrates the strength of our value-added, protein-centric portfolio and our disciplined execution against our key priorities, including pricing actions that are help…”
“We have taken decisive actions to improve profitability, including targeted pricing initiatives, reductions in administrative expenses, and continued investment in our Transform and Modernize (T&M) i…”
“2 Continue to transform & modernize our Company • As anticipated, the T&M initiative delivered another impactful quarter, with approximately 90 projects contributing measurable value and earnings to…”
“Continue to transform & modernize our Company • We successfully began operations at our new distribution center in the Memphis, Tennessee, metro-area.”
“6 Continue to transform & modernize our Company • We made further progress across all pillars of our T&M initiative.”
“"This marks an impressive milestone — 60 years of uninterrupted dividend increases at Hormel Foods — a legacy we’re extremely proud of.””