Hormel Foods stock last trades at USD 19.97 on September 28, 2026
Published on 09/28/2026 at 22:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Hormel Foods stock last traded at USD 19.97 on September 28, 2026, up 1.32 percent from the previous session. The quote was recorded at 8:00 p.m. UTC on the New York Stock Exchange.
Fiscal third-quarter results
Hormel Foods Corporation reported fiscal third-quarter adjusted diluted earnings per share of USD 0.37 on August 27, 2026, an increase of 6 percent from the prior-year quarter. Organic net sales declined 2 percent, with management citing portfolio-shaping actions, softer commodity markets and a pressured consumer environment. Perplexity Finance published the earnings-call transcript and reported results.
Updated fiscal 2026 outlook
Hormel raised and narrowed its fiscal 2026 adjusted earnings-per-share outlook to USD 1.45–USD 1.51, compared with the previous range of USD 1.43–USD 1.51. The company also tightened its expected organic net sales growth range to 1 percent–2 percent and projected fiscal 2026 net sales of USD 12.10 billion–USD 12.20 billion. The transcript identifies the guidance as management's fiscal 2026 outlook.
Operating highlights
Foodservice delivered its 12th consecutive quarter of organic net sales growth, according to management. Hormel also reported USD 241 million of operating cash flow and USD 161 million returned to stockholders through dividends during the quarter. Perplexity Finance carries the prepared remarks from the call.
