With a market cap of $13.5 billion, Hormel Foods Corporation (HRL) is a nearly 135-year-old American multinational food company. Headquartered in Austin, Minnesota, the company is a global branded food manufacturer, processor, and distributor with a presence in more than 80 countries. The company produces a wide range of meat and grocery products, including fresh and refrigerated items such as bacon, sausages, hams and prepared proteins, as well as shelf-stable foods like canned luncheon meats, snacks, nut butters and chili.
The food titan is expected to announce its fiscal Q1 2026 results soon. Ahead of this event, analysts expect Hormel Foods to report an adjusted EPS of $0.32, down 8.6% from $0.35 in the year-ago quarter. It has met or surpassed Wall Street's earnings estimates in two of the last four quarters while missing on two other occasions.
