Despite its status as a dividend king, many investors weren’t expecting much from Hormel Foods Corp. (NYSE: HRL) in its second-quarter earnings report for the 2025 fiscal year. The company didn’t disappoint, but mixed results sent the stock down 2.8% immediately following the report.
Revenue of $2.90 billion was a slight miss from the $2.92 billion expected. However, adjusted earnings per share (EPS) of 35 cents were in line with expectations. More importantly, revenue was up slightly year-over-year (YOY). The company delivered $2.89 billion in the second quarter of its 2024 fiscal year.
