Hormel Foods' Q4 2026 earnings: what to expect. Follow this Author With a market cap of $13.1 billion, Hormel Foods Corporation (HRL) is a leading global manufacturer and marketer of meat and food products. With iconic brands like SKIPPY(TM), SPAM(TM), Hormel(TM), and Planters(TM), the company offers a wide range of perishable and shelf-stable products across retail, foodservice, and international markets. The Austin, Minnesota-based company is expected to announce its fiscal Q4 2026 results soon. Ahead of this event, analysts expect Hormel Foods to report an adjusted EPS of $0.38, up 18.8% from $0.32 in the year-ago quarter. It has surpassed Wall Street's earnings estimates in each of the last four quarters. For fiscal 2026, analysts project the Skippy peanut butter maker to post an adjusted EPS of $1.48, a 8% rise from $1.37 in fiscal 2025. Shares of Hormel Foods have declined 2.5% over the past 52 weeks, lagging behind both the S&P 500 Index's ($SPX) 12.4% increase and the State Street Consumer Staples Select Sector SPDR ETF's (XLP) 15.2% gain over the same period. Hormel Foods shares tumbled 10.3% on Aug. 27 after the company cut its fiscal 2026 sales forecast to $12.1 billion - $12.2 billion, reflecting weak consumer demand, a 4% decline in retail sales, and a 9% drop in retail volumes. Q3 2026 revenue fell 2.4% to $2.96 billion, missing the estimate, as weaker retail and international demand and lower commodity-based pricing weighed on results, while organic sales growth guidance was narrowed to 1% - 2%. Although Hormel raised its full-year adjusted EPS outlook to $1.45 - $1.51 and Q3 adjusted EPS of $0.37 beat the estimate, the weaker sales outlook and pressured consumer environment drove the sharp selloff. Analysts' consensus view on HRL stock is cautious, with an overall "Hold" rating. Among 10 analysts covering the stock, two recommend "Strong Buy" and eight suggest "Hold." The average analyst price target is $24.75, indicating a potential upside of 20.1% from the current levels. On the date of publication, Sohini Mondal did not directly have a position in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here. More News from Barchart

Hormel chief executive officer John Ghingo says the company must stay one step ahead of private label competitors. Ghingo appeared on CNBC's "Squawk on the Street" to discuss his new role, Hormel's protein and snack product offerings, and other topics.

Hormel Foods Corporation introduces HORMEL(R) BLACK LABEL(R) Portion Pack Bacon. Published on 10/22/2026 at 11:45 am EDT S&P Capital IQ Hormel Foods Corporation introduced HORMEL(R) BLACK LABEL(R) Portion Pack Bacon. Featuring individually perforated portions, the new package gives people the flexibility to prepare exactly the amount of bacon they want while keeping the remaining portions fresh for another occasion. HORMEL(R) BLACK LABEL(R) Portion Pack Bacon makes it easier, offering premium bacon in a convenient format that delivers just the right amount for every occasion?with less waste. Featuring three individually perforated sections with four slices of bacon per section, HORMEL(R) BLACK LABEL(R) Portion Pack Bacon makes it easy to separate portions before opening, prepare the desired amount and keep the remaining bacon fresh until it is ready to be enjoyed. The product features the same premium HORMEL(R) BLACK LABEL(R) Original Bacon that bacon lovers know and love. HORMEL(R) BLACK LABEL(R) Portion Pack Bacon is now available in 12 oz. packages with a suggested retail price of $5.97-$6.97. (C) S&P Capital IQ - PR Newswire - 2026