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Hormel Foods Corporation said John F. Ghingo’s employment agreement terminated on October 26, 2026 as he assumed the additional role of Chief Executive Officer, leaving him with no specified term as President and Chief Executive Officer.
Sally J. Smith will retire from Hormel Foods Corporation’s Board of Directors when her current term expires at the 2027 Annual Meeting and will not stand for re-election. Her decision was not due to any disagreement with the Company.
Hormel Foods Corporation agreed to acquire Brakebush Brothers, LLC for a base purchase price of $1.055 billion in cash, subject to customary adjustments. Closing is expected during the first quarter of 2027, subject to antitrust and other customary conditions.
Useful current figures from the complete screener profile.
* Q4 derived as the full year minus Q1 to Q3.
TL;DR. Hormel delivered adjusted EPS of $0.37 in Q3, up 6% year-over-year, on adjusted operating margin expansion of 60 bps to 9.0%, and is raising and narrowing its FY2026 adjusted EPS guidance to $1.45–$1.51 (from $1.43–$1.51), while full-year GAAP diluted EPS guidance was cut sharply to $1.06–$1.12 from $1.28–$1.37 due to one-time charges tied to the Brazil divestiture, an Indonesia impairment, and a litigation settlement; the company also announced the Brazil divestiture and a CEO transition.
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Still-open targets the latest release did not restate under the same label.
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Illustrative technical + ownership context — a signal mix, not investment advice.
| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted Diluted Earnings Per Share (Non-GAAP) non-GAAP | $1.11 | Nine Months Ended July 26, 2026 | — |
| Adjusted earnings before income taxes non-GAAP | 258M | Q3 FY2026 | — |
GAAP → non-GAAP reconciliationGAAP Earnings Before Income Taxes (GAAP) 103.16M
+12.24M Transform and Modernize Initiative
+57.38M (Gain) Loss on Divestitures
-26K Corporate Restructuring Plan
+0K Consulting Agreement
+37.5M Litigation Settlements
+48.22M Impairments
= Adjusted Earnings Before Income Taxes 258.47M
|
|||
| Adjusted Net Earnings Attributable to Hormel Foods Corporation (Non-GAAP) non-GAAP | $609.16M | Nine Months Ended July 26, 2026 | — |
| Adjusted Operating Income (Non-GAAP) non-GAAP | $807.29M | Nine Months Ended July 26, 2026 | — |
| Adjusted operating margin non-GAAP | 9% | Q3 FY2026 | — |
| Adjusted Segment Profit non-GAAP | 18.99M | Quarter Ended July 26, 2026 filing | — |
| Adjusted Segment Profit - Foodservice non-GAAP | $144.48M | Quarter Ended July 26, 2026 filing | — |
| Adjusted Segment Profit - International non-GAAP | $18.99M | Quarter Ended July 26, 2026 filing | — |
| Adjusted Segment Profit - Retail non-GAAP | $118.07M | Quarter Ended July 26, 2026 filing | — |
| Adjusted SG&A non-GAAP | 216.86M | Quarter Ended July 26, 2026 filing | — |
GAAP → non-GAAP reconciliationGAAP SG&A 323.5M
-11.79M Transform and Modernize Initiative
-57.38M Gain (Loss) on Divestitures
+26K Corporate Restructuring Plan
+0K Consulting Agreement
-37.5M Litigation Settlements
= Adjusted SG&A 216.86M
|
|||
| Adjusted SG&A as a Percent of Net Sales (Non-GAAP) non-GAAP | 7.8% | Nine Months Ended July 26, 2026 | — |
| Adjusted Total Segment Profit non-GAAP | $281.53M | Quarter Ended July 26, 2026 filing | — |
| Advertising investments | $34M | the third quarter of fiscal 2026 filing | — |
| Non-GAAP % Change non-GAAP | -3.9% | Nine Months Ended July 26, 2026 | — |
| Non-GAAP Organic Net Sales non-GAAP | $3.01B | the three months ended July 26, 2026 filing | — |
| Non-GAAP Organic Volume (lbs.) non-GAAP | 1.04B | the three months ended July 26, 2026 filing | — |
| Organic Net Sales - Foodservice non-GAAP | $985.12M | Quarter Ended July 26, 2026 filing | — |
| Organic Net Sales - International non-GAAP | $186.95M | Quarter Ended July 26, 2026 filing | — |
| Organic Net Sales - Retail non-GAAP | $1.84B | Quarter Ended July 26, 2026 filing | — |
| Organic Volume - Retail non-GAAP | 709.37M | Quarter Ended July 26, 2026 filing | — |
| Segment Profit | $144.48M | the three months ended July 26, 2026 filing | — |
| Total Volume (lbs.) | 2.97B | Nine Months Ended July 26, 2026 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
HRL
this stock
Hormel Foods Corp
|
$12.16B | -6.8% | +1.6% | 35.1 | 4.2% |
|
JBS
Jbs N.V.
|
$40.00B | -15.7% | — | — | 1.3% |
|
KHC
Kraft Heinz Co
|
$29.73B | +3.5% | -0.1% | — | 8.7% |
|
GIS
General Mills Inc
|
$18.35B | -26.2% | +4.1% | — | 7.0% |
|
SJM
J M SMUCKER Co
|
$14.17B | +35.7% | +3.7% | — | 2.9% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
Hormel Foods Corporation said John F. Ghingo’s employment agreement terminated on October 26, 2026 as he assumed the additional role of Chief Executive Officer, leaving him with no specified term as President and Chief Executive Officer.
View| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| HRL | +0.6% | +8.3% | +5.7% | +3.8% | -6.8% |
| SPY | +2.6% | -1.2% | +0.5% | -0.2% | +10.6% |
| vs SPY | -2.0% | +9.4% | +5.2% | +4.0% | -17.4% |
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.
