Hormel Foods Corporation · HRL · Next earnings

Hormel Foods Corporation reports Thursday, Dec 3, 2026

HRL reports before market open with consensus EPS at $0.38 and revenue at $3.20B. Last quarter: Hormel Foods Q2: Double-Digit EPS Growth, Guidance Reaffirmed

Reports Before market open74 days awayDate estimated Consumer Defensive

What the street expects

Consensus for the coming report
Consensus EPS $0.38 Calendar consensus
Consensus revenue $3.20B Calendar consensus
Report date Dec 3, 2026 Thursday, date estimated
Session Before market open 74 days away

Where HRL left off: FY2026 Q2

Full report

Hormel Foods Q2: Double-Digit EPS Growth, Guidance Reaffirmed

EPS surprise +12.9% Reported $0.40 vs $0.35
Revenue surprise +0.3% Reported $2.97B vs $2.96B
Stock move +12.5% Event window
Subsequent drift +12.4% Up to 20 sessions

Full-year fiscal 2026 net sales and adjusted EPS guidance were reaffirmed. Prior guidance called for 1-4% organic sales growth and adjusted EPS of $1.43-$1.51. Management acknowledged anticipated Q3 cost headwinds from commodity inflation, fuel and logistics expenses, and inventory rebalancing but maintained the full-year outlook. Capex outlook remains stable.

What to watch on the call

Carried forward from the last transcript

Risks management flagged

  • Elevated pork and beef commodity prices pressuring input costs.
  • Higher fuel and logistics costs impacting margins.
  • Inventory rebalancing leading to lower plant utilization in Q3.
  • Higher effective tax rate.
  • Under-performance of certain retail brands such as Planters and Skippy.

Questions analysts left open

  • Input cost inflation and commodity volatility.
  • Impact of freight and logistics expenses on margins.
  • Progress and timing of SG&A cost savings.
  • Effect of inventory rebalancing on Q3 earnings and margins.
  • Commodity trends for pork bellies and other meats.

Ask FN2 about HRL next report

Transcript, numbers and history already loaded
What should I watch for in HRL's next earnings report?How did HRL guide last quarter, and is consensus above or below that?Give me the bull and bear case going into HRL earnings.

Free account. Your question opens in FN2 with this report's transcript and numbers attached.

Get the HRL recap when the next report posts

One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.

Recent HRL quarters

All HRL earnings
+12.5%FY2026 Q2

Sources

  1. FN2 corporate events calendar, resolved from the earnings calendar feed
  2. FN2 earnings calendar analyst consensus
  3. Earnings call transcript analysis, FY2026 Q2

Methodology

The report date comes from FN2's resolved corporate-events calendar and is marked estimated until the company confirms it. Consensus figures are the calendar's latest analyst estimates for the fiscal period and are not an FN2 forecast.

Risks and open questions are carried forward verbatim from FN2's structured analysis of the previous earnings call. Missing values stay missing and are never estimated.

By FN2 Research · Updated . For educational purposes only; not investment advice.