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Hormel Foods : Reports Second Quarter Results And Reaffirms Full Year Earnings Guidance

Hormel Foods : Reports Second Quarter Results And Reaffirms Full Year Earnings Guidance
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Hormel Foods Reports First Quarter Results And Provides Full Year Guidance

Hormel Foods Reports First Quarter Results And Provides Full Year Guidance
Record sales driven by growth from all four segments
The company previously announced the acquisition of the Planters® snack nuts business
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AUSTIN, Minn., Feb. 18, 2021 /PRNewswire/ Hormel Foods Corporation (NYSE: HRL), a leading global branded food company, today reported results for the first quarter of fiscal 2021. All comparisons are to the first quarter of fiscal 2020 unless otherwise noted. Operating free cash flow is presented as a non-GAAP metric.
EXECUTIVE SUMMARY - FIRST QUARTER
Record net sales of $2.5 billion, up 3%
Pretax earnings of $277 million, down 5% ....

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