Hormel Foods Corporation ($HRL) Stock Forecast: Down 12.8% Today

What is Hormel Foods Corporation?

Hormel Foods Corporation (HRL) is a global branded food company with a portfolio including iconic brands such as SPAM, Skippy, and Applegate.

Why is Hormel Foods Corporation going down?

HRL stock is down 12.8% on Aug 28, 2025 17:35

• Despite a 4.6% increase in sales year over year, Hormel Foods (HRL) experienced a bearish movement due to its third-quarter earnings missing estimates.
• The company's Q3 adjusted EPS of $0.35 fell short of the expected $0.41, signaling potential concerns about profitability.
• While sales growth was strong, cost pressures are anticipated to impact results, leading to investor unease and the bearish market movement for HRL.
• The market may be reacting to the discrepancy between sales growth and earnings miss, highlighting the importance of balancing revenue generation with cost management in the food industry.

HRL Price Chart

HRL Technical Analysis

HRL News

Hormel Foods Q3 Earnings Miss Estimates, Sales Grow 4.6% Y/Y

HRL third-quarter earnings fall short of estimates, but sales climb 4.6% year over year, led by gains in Retail, Foodservice and International units.

https://www.zacks.com/stock/news/2744427/hormel-foods-q3-earnings-miss-estimates-sales-grow-46-yy

Why Is Hormel Foods Stock Sinking Thursday? - Hormel Foods ( NYSE:HRL )

Q3 adjusted EPS came in at $0.35, missing estimates of $0.41, while sales rose 4.6% to $3.03B, above forecasts. The company exited the quarter with cash and equivalents worth $599.189 million. Get Discounted Real-Time Trade Alerts For a Volatile Market ( Labor Day Special )

https://www.benzinga.com/markets/earnings/25/08/47384524/hormel-foods-signals-tough-year-ahead-as-ceo-concedes-profit-recovery-will-lag

Hormel Foods Readies for Q3 Earnings: What's in the Offing?

HRL leans on Foodservice momentum and retail brand strength, but cost pressures are likely to weigh on results.

https://www.zacks.com/stock/news/2742399/hormel-foods-readies-for-q3-earnings-whats-in-the-offing

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Hormel Foods Corporation Price History

04.08.2024 - HRL Stock was down 7.5%

• Hormel Foods' Q3 earnings report may have disappointed investors, leading to a bearish sentiment.
• The high SG&A costs and potential pressure on the International unit could have contributed to the negative market reaction.
• Despite the bearish movement, investors might still be eyeing the company's dividends, given its annual yield of 3.47%.
• The contrasting bullish setups in other companies like Anheuser-Busch InBev (BUD) further emphasize the specific challenges faced by Hormel Foods in today's trading session.

30.04.2025 - HRL Stock was up 5.2%

• Hormel Foods had a strong bullish movement today.
• The company met second-quarter earnings estimates as sales increased year over year.
• Despite a decline in volumes, International units posted modest net sales gains.
• This positive performance could be attributed to the company's ability to meet market expectations and show growth in sales, especially in the International segment.

29.01.2024 - HRL Stock was up 13.5%

• Hormel Foods Corporation (HRL) experienced a strong bullish movement today, with shares soaring over 13%.
• The bullish trend can be attributed to the company delivering better-than-expected earnings results for the first quarter of 2024 and reaffirming its outlook for the fiscal year.
• The upbeat earnings report and reaffirmed outlook indicate continued momentum from Hormel's foodservice business, showcasing resilient demand for its products.
• Investors reacted positively to the news, driving the stock price higher as they responded favorably to the company's performance and future prospects in the market.

29.01.2024 - HRL Stock was up 13.5%

• Hormel Foods (HRL) experienced a strong bullish movement today following the release of its first-quarter earnings report.
• The company reported better-than-expected earnings and revenue, beating analyst estimates and reaffirming its outlook for the fiscal year 2024.
• The resilient demand for its products, including Skippy peanut butter, contributed to the positive market sentiment and drove the stock price higher.
• Investors reacted positively to the news, leading to a significant increase in HRL's stock price as it outperformed market expectations and demonstrated strong performance in a challenging economic environment.

29.01.2024 - HRL Stock was up 14.6%

• The company reported better-than-expected first-quarter earnings and reaffirmed its FY24 outlook, leading to increased investor confidence.
• Fiscal first-quarter results surpassed expectations, driven by increased demand across its business segments, particularly with strength in Planters nuts.
• Net sales were up 1% from the same period last year with earnings beating estimates, showcasing strong performance in a competitive market environment.
• The positive earnings and revenue beat likely contributed to the surge in the stock price, reflecting investor optimism in the company's growth trajectory.

30.04.2024 - HRL Stock was down 9.5%

• Earnings per share for the second quarter of 2024 were reported at 38 cents, surpassing analyst estimates.
• The company's revenue of $2.89 billion fell below the analyst estimate, suggesting a slight revenue miss.
• Despite exceeding earnings expectations, the stock possibly faced a bearish trend due to the revenue miss and a year-over-year decline in sales and volumes.
• The market's response to the mixed results and cautious outlook shared during the earnings call may be contributing to the bearish sentiment towards HRL stock.

30.04.2024 - HRL Stock was down 7.6%

• Hormel Foods (HRL) experienced a bearish movement today due to the following reasons:
• Sales for the second quarter of fiscal 2024 declined by 3% year-over-year, missing market expectations.
• Despite beating profit expectations and raising full-year earnings, the decline in sales, particularly in the Retail segment, contributed to the negative market sentiment.
• The mixed performance across segments, with Retail sales declining by 6.7% while Foodservice gained 5.7%, added to the uncertainty surrounding the company's growth prospects.
• The company's ability to maintain its sales forecast and adjust its earnings view will be crucial in restoring investor confidence and reversing the bearish trend in the future.

04.03.2024 - HRL Stock was up 1.5%

• The bullish movement in HRL stock today could be attributed to positive market sentiment driven by strong financial performance and growth prospects.
• The series of insider selling activities by Director Elsa Murano and an executive might have initially raised concerns among investors, but the market seems to have shrugged off these sales.
• The resignation of a board member could have initially caused some uncertainty, but investors might have viewed it as a strategic decision for the company's future direction.
• Overall, the market seems to be focusing more on the company's underlying fundamentals and growth potential rather than the insider selling and board member resignation updates.

30.04.2024 - HRL Stock was down 9.4%

• Hormel Foods (HRL) reported earnings per share of 38 cents, surpassing analyst estimates, while revenue of $2.89 billion fell short of expectations.
• Despite strength in the Foodservice business and improvement in the International unit, overall sales and volumes decreased year over year.
• The mixed segment performance, with Retail sales decreasing and Foodservice increasing, contributed to the negative movement in the stock.
• The demand for higher-priced meats helped Hormel Foods achieve a profit beat for the quarter, although the overall sales decline and missed revenue expectations likely impacted investor sentiment, resulting in the downward market movement.

01.02.2024 - HRL Stock was down 5.0%

• Today, despite the positive earnings and sales beat, Hormel Foods (HRL) experienced a strong bearish movement in the market. This unexpected downturn could be attributed to several factors:
• Market expectations: The market may have had overly optimistic expectations following the impressive first-quarter results, leading to profit-taking and a subsequent bearish trend.
• Profit realization: Investors who had initially driven the stock price up in anticipation of strong earnings may have decided to realize their profits, causing a downward pressure on the stock.
• External factors: Macro-economic conditions or sector-specific news could have influenced the market sentiment, overshadowing the positive earnings report from Hormel Foods.

28.07.2025 - HRL Stock was down 15.1%

• The stock of Hormel Foods (HRL) experienced a bearish movement today.
• The Q3 adjusted EPS of $0.35 missed estimates of $0.41, indicating a weaker-than-expected financial performance.
• Despite sales rising 4.6% to $3.03B, cost pressures likely impacted profitability and investor sentiment.
• The market may have reacted negatively to the earnings miss and concerns about cost pressures outweighing the positive sales growth.

28.07.2025 - HRL Stock was down 12.8%

• Despite a 4.6% increase in sales year over year, Hormel Foods (HRL) experienced a bearish movement due to its third-quarter earnings missing estimates.
• The company's Q3 adjusted EPS of $0.35 fell short of the expected $0.41, signaling potential concerns about profitability.
• While sales growth was strong, cost pressures are anticipated to impact results, leading to investor unease and the bearish market movement for HRL.
• The market may be reacting to the discrepancy between sales growth and earnings miss, highlighting the importance of balancing revenue generation with cost management in the food industry.