NYSE$HRL
Hormel Foods Corp · Q3 2021 earnings
Q3 2021 earnings · · Investor relations
Briefing
Hormel Foods reported all-time record sales during the quarter.
Hormel Foods reported record net sales of $2.9 billion, up 20%, with growth from all segments and channels. Diluted earnings per share were $0.32, down 14%, but adjusted diluted earnings per share were $0.39, up 5%. The company expects to deliver record sales again in the fourth quarter.
- Delivered the highest quarterly net sales result in the company's history.
- Successfully integrated the Planters® business.
- Saw significant inflationary pressure in almost all areas of the business.
- Expect to deliver record sales again in the fourth quarter, along with improving margins as additional pricing actions go into effect.
Headline financials
Revenue & EPS history
Hormel · Revenue · Quarterly
$2.86B
Revenue by segment
Hormel · $171M total across 1 segment · Q4 2022
- International$171M—100.0%
Forward guidance
We expect to deliver record sales again in the fourth quarter, along with improving margins as additional pricing actions go into effect. The combination of a balanced and diversified portfolio, numerous strategic investments and the addition of the Planters® brand leaves us very optimistic about our future.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q3 2021
-0.3%
Avg return
Earnings day
-0.9%
Avg return
5 days after
-0.9%
Avg return
30 days after
49%
33 / 68 earnings
Positive
+8.2%
Q1 2024
Best reaction
-13.1%
Q3 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | — | — | — | |
| Q1 2026 | +0.0% | -2.8% | -8.9% | |
| Q4 2025 | +3.8% | +3.3% | +1.3% | |
| Q3 2025 | -13.1% | -13.7% | -14.8% | |
| Q2 2025 | +1.2% | +2.7% | +1.4% | |
| Q1 2025 | -1.2% | +0.6% | +5.7% | |
| Q4 2024 | +3.3% | +4.3% | -1.4% | |
| Q3 2024 | -3.1% | -2.2% | -5.4% | |
| Q2 2024 | -9.1% | -9.9% | -10.6% | |
| Q1 2024 | +8.2% | +10.3% | +13.2% | |
| Q4 2023 | -4.3% | -0.7% | +0.5% | |
| Q3 2023 | -3.2% | -5.1% | -4.1% | |
| Q2 2023 | +6.6% | +5.7% | +5.2% | |
| Q1 2023 | -7.3% | -8.8% | -9.0% | |
| Q4 2022 | -1.2% | -2.1% | -5.5% | |
| Q3 2022 | -7.7% | -7.4% | -9.6% | |
| Q2 2022 | -6.5% | -5.5% | -1.2% | |
| Q1 2022 | +6.0% | +8.6% | +8.2% | |
| Q4 2021 | +7.5% | +11.9% | +16.5% | |
| Q3 2021 | -6.3% | -7.6% | -10.5% | |
| Q2 2021 | +7.5% | +6.6% | +3.2% | |
| Q1 2021 | +0.3% | +0.8% | +2.2% | |
| Q4 2020 | -6.3% | -5.7% | -5.7% | |
| Q3 2020 | -3.2% | -3.8% | -8.3% | |
| Q2 2020 | -2.2% | -4.7% | +1.2% | |
| Q1 2020 | -7.6% | -7.7% | -6.9% | |
| Q4 2019 | +5.0% | +4.1% | +5.9% | |
| Q3 2019 | +2.5% | +3.5% | +4.8% | |
| Q2 2019 | +2.0% | -1.6% | +4.9% | |
| Q1 2019 | -0.5% | -2.2% | +1.1% | |
| Q4 2018 | +0.2% | +0.7% | -5.7% | |
| Q3 2018 | -1.4% | -1.6% | +3.9% | |
| Q2 2018 | +0.1% | +1.9% | +1.3% | |
| Q1 2018 | -0.1% | +0.2% | -0.4% | |
| Q4 2017 | +2.6% | +3.0% | +9.0% | |
| Q3 2017 | -7.6% | -8.7% | -7.8% | |
| Q2 2017 | -6.4% | -6.0% | -1.3% | |
| Q1 2017 | -7.1% | -5.5% | -7.5% | |
| Q4 2016 | +0.8% | +2.6% | +0.6% | |
| Q3 2016 | +6.4% | +7.5% | +0.1% | |
| Q2 2016 | -8.8% | — | — | |
| Q1 2016 | +7.2% | — | — | |
| Q4 2015 | +6.2% | — | — | |
| Q3 2015 | +5.1% | — | — | |
| Q2 2015 | +3.1% | — | — | |
| Q1 2015 | +3.2% | — | — | |
| Q4 2014 | -2.6% | — | — | |
| Q3 2014 | +4.4% | — | — | |
| Q2 2014 | -4.6% | — | — | |
| Q1 2014 | +3.1% | — | — | |
| Q4 2013 | +6.1% | — | — | |
| Q3 2013 | +1.4% | — | — | |
| Q2 2013 | -2.0% | — | — | |
| Q1 2013 | +2.8% | — | — | |
| Q4 2012 | -2.7% | — | — | |
| Q3 2012 | +1.3% | — | — | |
| Q2 2012 | +1.7% | — | — | |
| Q1 2012 | -0.9% | — | — | |
| Q2 2011 | +1.2% | — | — | |
| Q4 2011 | +1.2% | — | — | |
| Q4 2008 | +1.2% | — | — | |
| Q3 2011 | -2.4% | — | — | |
| Q1 2011 | -0.1% | — | — | |
| Q1 2010 | -0.1% | — | — | |
| Q2 2010 | -0.3% | — | — | |
| Q4 2010 | -0.3% | — | — | |
| Q3 2010 | -0.4% | — | — | |
| Q3 2009 | -0.4% | — | — | |
| Q4 2009 | -0.4% | — | — |
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