Hormel Foods Targets FY25 Sales Growth After 4Q Decline
For the quarter ended Oct. 27, Hormel posted a profit of $220.2 million, or 40 cents a share. That's up from $195.9 million, or 36 cents a share, in the same quarter a year ago. Stripping out one-time items, adjusted earnings were 42 cents a share, in line with the consensus estimate of analysts polled by FactSet.