Hormel Foods HRL Retail — Impairment charges, definite-lived assets
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Where this comes from
Reported directly by Hormel Foods in its filing.
Tagged under the XBRL concept us-gaap:ImpairmentOfLongLivedAssetsHeldForUse.
The source filing: Hormel Foods’s 10-K, filed December 5, 2025.
- Filed
- Dec 5, 2025
- Fiscal year
- FY2025
- Accession
- 0000048465-25-000059
During the fourth quarter of fiscal 2025, the Company completed its annual definite-lived intangible asset impairment tests by performing qualitative assessments. The assessment indicated impairment of a private label customer relationship acquired in the purchase of Columbus Manufacturing, Inc., which resulted in an impairment charge of $8.8 million in the Retail segment, and representing the full carrying value of the asset. The impairment was driven by recent performance results and the Company's intent to shift strategic focus to Columbus® branded products.
Item 8. Financial Statements and Supplemental Data
FAQ
- What is Hormel Foods's retail — impairment charges, definite-lived assets?
- Hormel Foods (HRL) reported retail — impairment charges, definite-lived assets of $8.8M in Q3 2025.
- What does retail — impairment charges, definite-lived assets mean?
- This metric represents non-cash charges recognized when the carrying amount of definite-lived intangible assets or property, plant, and equipment within the retail segment exceeds their fair value. It reflects a downward adjustment in the expected future economic benefits of specific assets due to market shifts, obsolescence, or strategic changes. Investors monitor this to assess the quality of asset management and the potential for future earnings volatility.
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