Q3 FY2026 EarningsQ3 FY26 results missed consensus on the top-line but slightly exceeded on an adjusted EPS basis. Revenue of $2.96B missed the $3.04B consensus by 2.5%, primarily due to a 7.4% volume decline driven by commodity turkey and strategic private label exits. GAAP EPS fell to $0.11 due to $155M in non-recurring charges, including a $56M Brazil divestiture loss and a $48M Indonesia investment impairment. Adjusted EPS of $0.37 beat the $0.35 mean expectation, supported by better-than-expected margins in the Foodservice segment and disciplined SG&A management.
Overview: Hormel Foods(HRL) the Revenue is 2.961 B (-2.36%), Miss estimate;the EBIT is 266.22 M (+4.71%), Beat estimate;the EPS is 0.11 (-66.67%), Miss estimate.