Hormel Foods Corporation ($HRL) Stock Forecast: Up 7.9% Today

What is Hormel Foods Corporation?

Hormel Foods Corporation (HRL) is a leading global branded food company with a portfolio of popular brands. The company operates through various segments, including Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, and International & Other.

Why is Hormel Foods Corporation going up?

HRL stock is up 7.9% on May 28, 2026 13:46

• The company reported strong second-quarter fiscal 2026 results, exceeding analyst expectations with both net income and revenue. The company also provided optimistic full-year earnings guidance, which contributed to the bullish movement in the stock.
• The market reacted positively to the performance, with the stock trading up 6.1% immediately following the announcement. Investors were particularly pleased with the company's sixth consecutive quarter of organic top-line growth and double-digit adjusted EPS growth.
• Strategic portfolio adjustments, strong brand performance, and growth in the Foodservice and International segments were key drivers behind the impressive results, showcasing the company's ability to adapt to changing market conditions and drive sustained growth.
• Despite facing challenges in sustained long-term revenue growth, the continued focus on cost management, improved assortment, and customer experience positions the company well for future success, further boosting investor confidence in the stock.

HRL Price Chart

HRL Technical Analysis

HRL News

Hormel: Fiscal Q2 Earnings Snapshot

Hormel Foods Corp. reported a net income of $157.5 million for its fiscal second quarter, or 29 cents per share, exceeding analyst expectations with adjusted earnings of 40 cents per share. The company also surpassed revenue forecasts, posting $2.97 billion, and provided full-year earnings guidance ranging from $1.28 to $1.37 per share with revenue between $12.2 billion and $12.5 billion.

https://www.kvue.com/article/syndication/associatedpress/hormel-fiscal-q2-earnings-snapshot/616-0b048974-f3c1-495e-8659-672a6a237476

Hormel Foods (NYSE:HRL) Reports Q1 CY2026 In Line With Expectations

Hormel Foods (HRL) reported Q1 CY2026 results that met Wall Street's revenue expectations of $2.97 billion, with a 2.5% year-on-year sales increase. The company's adjusted EPS of $0.40 significantly beat analyst estimates, and it reconfirmed its full-year revenue and EPS guidance. Despite a slight decrease in sales volumes, the market reacted positively, with the stock trading up 6.1% immediately following the announcement, although the company faces challenges in sustained long-term revenue growth.

https://www.tradingview.com/news/stockstory:3f10bfd68094b:0-hormel-foods-nyse-hrl-reports-q1-cy2026-in-line-with-expectations/

Dollar Tree boosts profit forecast, adds 113 new stores

Dollar Tree, Inc. (NASDAQ: DLTR) reported strong first-quarter 2026 results, showing a 19.7% increase in diluted EPS and 7.2% net sales growth. The company raised its fiscal 2026 adjusted EPS outlook to $6.70-$7.10 and opened 113 new Dollar Tree stores, further expanding its multi-price format. This performance reflects continued strategic progress, including improved assortment, cost management, and customer experience, positioning Dollar Tree for sustained growth.

https://www.stocktitan.net/news/DLTR/dollar-tree-inc-reports-first-quarter-pciw1yhjje7i.html

HORMEL FOODS REPORTS STRONG SECOND QUARTER FISCAL 2026 RESULTS

Hormel Foods Corporation reported strong second-quarter fiscal 2026 results, achieving its sixth consecutive quarter of organic top-line growth and double-digit adjusted EPS growth. The company reaffirmed its full-year guidance for net sales and adjusted diluted earnings per share, while updating operating income guidance to reflect the sale of its whole-bird turkey business. Both the Foodservice and International segments showed notable growth in organic net sales and segment profit, driven by strategic portfolio adjustments and strong brand performance.

https://www.prnewswire.com/news-releases/hormel-foods-reports-strong-second-quarter-fiscal-2026-results-302783787.html

(HRL) Hormel Foods Expects Fiscal 2026 Sales Range $12.2B - $12.5B, vs. FactSet Est of $12.29B

Hormel Foods (HRL) anticipates fiscal year 2026 sales to be in the range of $12.2 billion to $12.5 billion. This projection compares to a FactSet estimate of $12.29 billion. The company also expects fiscal 2026 adjusted EPS between $1.43 and $1.51, against a FactSet estimate of $1.46.

https://www.marketscreener.com/news/hrl-hormel-foods-expects-fiscal-2026-sales-range-12-2b-12-5b-vs-factset-est-of-12-29b-ce7f5ddad88bf020

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Hormel Foods Corporation Price History

14.00.2026 - HRL Stock was up 5.1%

• The retirement announcements of two veteran executives, Mark Morey and Paul Peil, may have been perceived positively by investors, signaling potential for fresh leadership and strategic changes within the company.
• The increase in stake by Sumitomo Mitsui DS Asset Management Company Ltd could have instilled confidence in the market, indicating a strong belief in Hormel's future growth prospects.
• Despite missing revenue estimates, the company's Q3 EPS beat analyst expectations, showcasing operational efficiency and resilience in challenging market conditions.
• The upcoming annual meeting of stockholders and the related gift boxes at the SPAM Museum might have generated excitement and positive sentiment around the company, contributing to the bullish movement in the stock price.

18.01.2026 - HRL Stock was up 5.2%

• Hormel Foods Corporation's decision to sell its whole-bird turkey business to Life-Science Innovations is seen as a strategic move to reduce exposure to volatile commodity markets and focus on its value-added protein portfolio.
• The sale of the turkey business aligns with Hormel's portfolio shaping efforts and financial performance expectations, as evidenced by the company's preliminary Q1 adjusted earnings projections beating estimates.
• Investors seem to be reacting positively to Hormel's strategic decision, as the company forecasts continued organic sales growth and reaffirms its fiscal 2026 guidance, indicating a solid start to the year and potential for long-term profitable growth.
• Overall, the market's bullish reaction to Hormel's strategic moves reflects confidence in the company's ability to adapt to market dynamics and drive value for shareholders.

04.11.2025 - HRL Stock was up 7.6%

• The company reported a Q4 profit beat and raised its forecast for the upcoming year, estimating a growth in earnings per share of 4% to 10%. This optimistic projection influenced the stock's upward trend.
• Hormel's Q4 adjusted EPS of $0.32 per share surpassed expectations, signaling a strong financial performance for the quarter and bolstering investor confidence.
• Despite encountering challenges such as input cost inflation and impairment charges, Hormel achieved a 2% rise in organic net sales for the fiscal year, further reinforcing the positive market sentiment.
• The improved sales outlook for 2026, accompanied by a dividend increase announcement, highlighted Hormel's resilience and strategic planning, propelling the stock price higher.

28.04.2026 - HRL Stock was up 7.9%

• The company reported strong second-quarter fiscal 2026 results, exceeding analyst expectations with both net income and revenue. The company also provided optimistic full-year earnings guidance, which contributed to the bullish movement in the stock.
• The market reacted positively to the performance, with the stock trading up 6.1% immediately following the announcement. Investors were particularly pleased with the company's sixth consecutive quarter of organic top-line growth and double-digit adjusted EPS growth.
• Strategic portfolio adjustments, strong brand performance, and growth in the Foodservice and International segments were key drivers behind the impressive results, showcasing the company's ability to adapt to changing market conditions and drive sustained growth.
• Despite facing challenges in sustained long-term revenue growth, the continued focus on cost management, improved assortment, and customer experience positions the company well for future success, further boosting investor confidence in the stock.