Hormel Foods Corp
HRL: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.Qf | LOCK|s%tsL | LOCK|f@YG%m$ |
Hormel Earnings: Shares Fall Due to Surprise Large Organic Sales Decline; Shares Undervalued
Hormel posted an organic sales decline of 2% and adjusted EPS growth of 6% in the third quarter of fiscal 2026. Organic sales declines in retail and international of 3% and 4%, respectively, offset food service's 2% growth. Adjusted operating margin expanded 60 basis points to 9%.
