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Hormel Foods HRL Foodservice — Goodwill and Intangible Impairment
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Where this comes from
Reported directly by Hormel Foods in its filing.
Tagged under the XBRL concept us-gaap:GoodwillAndIntangibleAssetImpairment.
The source filing: Hormel Foods’s 10-K, filed December 5, 2025.
- Filed
- Dec 5, 2025
- Fiscal year
- FY2025
- Accession
- 0000048465-25-000059
| In thousands | Retail | Foodservice | International | Total |
|---|---|---|---|---|
| Cost of Products Sold | 6,450,868 | 3,201,478 | 558,106 | |
| Selling, General, and Administrative | 539,390 | 185,743 | 95,075 | |
| Equity in Earnings of Affiliates | 31,035 | — | (136,817) | |
| Goodwill and Intangible Impairment | 70,751 | — | — | |
| Noncontrolling Interest (Earnings) Loss | — | — | 433 | |
| Segment Profit | $425,245 | $554,574 | $(80,418) | $899,400 |
| Net Unallocated Expense | 235,519 | |||
| Noncontrolling Interest Earnings (Loss) | (433) |
Item 8. Financial Statements and Supplemental Data
FAQ
- What is Hormel Foods's foodservice — goodwill and intangible impairment?
- Hormel Foods (HRL) reported foodservice — goodwill and intangible impairment of $0 in Q3 2025.
- What does foodservice — goodwill and intangible impairment mean?
- This metric represents the non-cash charge recognized when the carrying value of goodwill or intangible assets associated with the foodservice business segment exceeds their fair value. It serves as an indicator that the long-term economic prospects or market position of the segment have deteriorated, necessitating a write-down of previously recorded acquisition premiums.
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