HRL Hormel Foods

Q1 2026 10-Q
Filed: Feb 26, 2026Period ending Jan 25, 2026
Consumer Staples
Meat Packing PlantsSEC EDGAR

Hormel Foods (HRL) 10-Q quarterly report for Q1 2026, filed with SEC EDGAR on Feb 26, 2026 for the fiscal period ending Jan 25, 2026. This page provides AI-powered analysis including management discussion & analysis (MD&A), risk factor updates, and key quarterly financial data such as revenue and net income extracted from XBRL.

AI Filing Analysis
Q1 2026 10-Q

Management Discussion & Analysis

  • Net sales $3.03B, up 1.3% YoY ($38.5M increase); organic net sales +1.6% ex-Justin's divestiture
  • Gross margin 15.5% vs 15.9% YoY; operating margin 8.1% vs 7.6% YoY; adjusted EPS $0.34 vs $0.35 YoY
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Risk Factors

  • No material changes from 10-K for fiscal year ended October 26, 2025; all prior risk factors carried forward unchanged
  • Key carried-forward risk: commodity input cost volatility (pork, turkey, feed) directly pressures Hormel's protein-heavy cost structure
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Quarterly Financial Summary
XBRL

Revenue

$3.0B

+1.3% YoY

Net Income

$182M

+6.6% YoY

Gross Margin

15.5%

-39bp YoY

Operating Margin

8.0%

+41bp YoY

Net Margin

6.0%

+30bp YoY

ROE

2.3%

Total Assets

$13.3B

-0.6% QoQ

EPS (Diluted)

$0.33

+6.5% YoY

Operating Cash Flow

$349M

+12.9% YoY

Source: XBRL data from Hormel Foods Q1 2026 10-Q filing on SEC EDGAR. All figures in USD.

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