What is Hormel Foods's foodservice — cost of products sold?

Hormel Foods (HRL) reported foodservice — cost of products sold of $792.01M in Q1 2026.

How has Hormel Foods's foodservice — cost of products sold changed year-over-year?

Hormel Foods's foodservice — cost of products sold increased by 5.9% year-over-year, from $748.23M to $792.01M.

What does foodservice — cost of products sold mean?

Includes all direct costs associated with producing and delivering the food products sold by the Foodservice segment, such as raw materials, labor, and manufacturing overhead. This metric is critical for assessing the segment's gross margin and production efficiency.

Hormel Foods (HRL) Foodservice — Cost of Products Sold

Screener

Other segment segments

Retail

$1.51B-0.3%

International

$146.9M+1.9%

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ATROAerospace — Cost of Products Sold

$143.13M+7.7%

ATROTest Systems Segment — Cost of Products Sold

$12.36M+1.3%

CAHCost of product sold — Cost of products sold

$2.61B-1.1%

CAGFoodservice — Cost of Goods Sold

$250M+9.6%

PFG

PFGCFoodservice — Cost of Goods Sold

$7.49B+4.7%

SPXCCost of products sold — Cost of products sold

$88.2M+1.6%

Other financials

Income statement

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Revenue$3.0B+2.5%

Gross profit$518.5M+7.0%

Operating income$217.1M-12.6%

Net income$157.5M-12.5%

EPS (diluted)$0.29-12.1%

Balance sheet

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Cash & equivalents$826.8M+23.5%

Total debt$2.9B-0.2%

Total equity$7.9B-1.0%

Total assets$13.3B-0.6%

Cash flow

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Operating cash flow$178.9M+217%

CapEx$82.2M+9.4%

Free cash flow$96.8M—

Valuation

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Market cap$13.88B+11.2%

Enterprise value$15.93B—

P/E19.8×—

P/S1.1×—

Profitability

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Gross margin15.7%-0.8pp

Operating margin5.8%-2.7pp

Net margin6.3%-0.3pp

FCF margin5.7%-0.3pp

Returns & leverage

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Return on equity9.5%-0.6pp

Debt / equity0.4×0.0×

Current ratio1.9×-0.5×

Where this comes from

Reported directly by Hormel Foods in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The source filing: Hormel Foods’s 10-Q, filed May 28, 2026.

Filed: May 28, 2026, 2:14 PM EDT
Fiscal quarter: Q2 FY2026
Calendar quarter: Q2 2026
Accession: 0000048465-26-000026

In thousands	Retail	Foodservice	International	Total
Net Sales	$1,789,665	$996,711	$186,225
Cost of Products Sold	1,513,835	792,010	146,904
Selling, General, and Administrative	131,364	48,917	23,686
Equity in Earnings of Affiliates	11,174	—	6,404
Noncontrolling Interest (Earnings) Loss	—	—	96
Segment Profit	$155,640	$155,784	$22,135	$333,559
Net Unallocated Expense				127,400
Noncontrolling Interest Earnings (Loss)				(96)

Item 1. FINANCIAL STATEMENTS

FAQ

What is Hormel Foods's foodservice — cost of products sold?: Hormel Foods (HRL) reported foodservice — cost of products sold of $792.01M in Q1 2026.
How has Hormel Foods's foodservice — cost of products sold changed year-over-year?: Hormel Foods's foodservice — cost of products sold increased by 5.9% year-over-year, from $748.23M to $792.01M.
What does foodservice — cost of products sold mean?: Includes all direct costs associated with producing and delivering the food products sold by the Foodservice segment, such as raw materials, labor, and manufacturing overhead. This metric is critical for assessing the segment's gross margin and production efficiency.