HORMEL FOODS CORP DE

For the period ended Apr 28, 2024. Filed May 30, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Apr 28, 2024 · Filed May 30, 2024

HRL$22.26+1.4%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Consolidated Statements of Operations

	Quarter Ended		Six Months Ended
In thousands, except per share amounts	April 28, 2024	April 30, 2023	April 28, 2024	April 30, 2023
Net Sales	$2,887,352	$2,977,639	$5,884,263	$5,948,632
Cost of Products Sold	2,383,546	2,486,220	4,871,723	4,961,263
Gross Profit	503,806	491,419	1,012,539	987,369
Selling, General, and Administrative	266,668	212,492	507,054	434,548
Equity in Earnings of Affiliates	15,182	16,870	31,273	32,429
Operating Income	252,320	295,798	536,758	585,250
Interest and Investment Income	13,497	1,365	32,932	11,461
Interest Expense	21,679	18,323	40,005	36,670
Earnings Before Income Taxes	244,139	278,839	529,685	560,041
Provision for Income Taxes	54,931	61,624	121,749	125,175
Net Earnings	189,207	217,215	407,936	434,866
Less: Net Earnings (Loss) Attributable to Noncontrolling Interest	(70)	(24)	(204)	(92)
Net Earnings Attributable to Hormel Foods Corporation	$189,278	$217,239	$408,140	$434,958
Net Earnings Per Share
Basic	$0.35	$0.40	$0.75	$0.80
Diluted	$0.34	$0.40	$0.74	$0.79
Weighted-average Shares Outstanding
Basic	547,868	546,424	547,444	546,404
Diluted	548,685	549,013	548,303	549,522

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.