Hormel Foods FY26 Q3 GAAP diluted EPS drops to $0.11; net sales fall 4% to $2.96 billion

Reuters2026/08/27 10:05

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Hormel Foods posts Q3 results: net sales USD 2.96 billion, organic net sales down 2% versus the prior-year quarter.
Operating income drops to USD 111 million; operating margin narrows to 3.7% from 7.9% a year earlier.
GAAP diluted EPS falls to USD 0.11; adjusted diluted EPS comes in at USD 0.37.
Results include discrete pre-tax items: USD 56 million Brazil divestiture loss, USD 48 million Indonesia impairment, USD 38 million litigation settlement.
FY2026 outlook: net sales USD 12.1-12.2 billion; adjusted diluted EPS raised and narrowed to USD 1.45-1.51.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hormel Foods Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000048465-26-000053), on August 27, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Hormel Foods FY26 Q3 GAAP diluted EPS drops to $0.11; net sales fall 4% to $2.96 billion

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