🇺🇸 Hormel Foods Trims Guidance, Citing Tariff Impact https://t.co/5rQqlOpV8A
Hormel Foods Trims Guidance, Citing Tariff Impact $HRL https://t.co/p5X5YPwUNQ
Hormel Foods reports Q2 earnings below expectations with sales of $2.90 billion (+0.4%) and earnings per share at 35 cents, slightly higher than the street view of 34 cents. $DOW $HRL
Hormel Foods reported its second-quarter earnings for 2025 with adjusted earnings per share of $0.35, matching analyst estimates, and revenue of $2.9 billion, slightly below the consensus estimate of $2.91 billion. The company’s sales showed a modest increase of 0.4% year-over-year. Despite earnings per share coming in marginally above the street view of $0.34, Hormel Foods has trimmed its guidance for the year, attributing the revision to the impact of tariffs. The tariff-related challenges have influenced the company’s outlook, reflecting ongoing trade tensions affecting its business operations.