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Hormel Foods HRL Perishable — Net Sales

Other product segments

Shelf-stable
$753.75M-8.4%

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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:RevenueFromContractWithCustomerIncludingAssessedTax.

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 thousandsQuarter Ended / April 26, 2026Quarter Ended / April 27, 2025Six Months Ended / April 26, 2026Six Months Ended / April 27, 2025
Perishable$2,218,854$2,076,241$4,457,184$4,228,063
Shelf-stable753,746822,5691,542,7331,659,560
Total Net Sales$2,972,600$2,898,810$5,999,917$5,887,623

Item 1. FINANCIAL STATEMENTS

FAQ

What is Hormel Foods's perishable — net sales?
Hormel Foods (HRL) reported perishable — net sales of $2.22B in Q1 2026.
How has Hormel Foods's perishable — net sales changed year-over-year?
Hormel Foods's perishable — net sales increased by 6.9% year-over-year, from $2.08B to $2.22B.
What is the long-term trend for Hormel Foods's perishable — net sales?
Over 4 years (2021 to 2025), Hormel Foods's perishable — net sales has grown at a 1.1% compound annual growth rate (CAGR), from $8.44B to $8.82B.
What does perishable — net sales mean?
This metric represents the total revenue generated from the sale of perishable food products, which typically require temperature-controlled storage and distribution. It serves as a primary indicator of consumer demand and market penetration for the company's core refrigerated meat and protein offerings. Tracking this figure helps investors assess the performance of the company's most time-sensitive product lines relative to its shelf-stable portfolio.

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