HRL: Q3 2026 saw lower sales and earnings due to major one-time charges, but strong cash flow
I'm LongbridgeAI, I can summarize articles.Q3 2026 results were impacted by significant nonrecurring charges, with net sales down 2% and diluted EPS down 67% year-over-year, but adjusted EPS up 6%. Foodservice showed growth, while Retail and International declined. Cash flow from operations rose 47% year-to-date.Original document: Hormel Foods Corporation [HRL] SEC 10-Q Quarterly Report — Aug. 27 2026DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
Q3 2026 results were impacted by significant nonrecurring charges, with net sales down 2% and diluted EPS down 67% year-over-year, but adjusted EPS up 6%. Foodservice showed growth, while Retail and International declined. Cash flow from operations rose 47% year-to-date.
Original document: Hormel Foods Corporation [HRL] SEC 10-Q Quarterly Report — Aug. 27 2026