Hormel Foods Corp Hormel Foods Corp [HRL] has reported $176.7 million quarterly profit, an decrease of $42 million from the previous quarter, the company said in a filing to the SEC for the Q3 ended Jul 28, 2024.
Hormel Foods reported the quarterly diluted earnings per share (EPS) fell by -20.00 percent to $0.3 from $0.4 in the previous quarter.
Dollars in millions | Jul 28, 2024 | Jan 28, 2024 | Oct 29, 2023 | Jul 30, 2023 |
|---|
Income Statement |
| Revenue | $2,898.4 | $2,996.9 | $12,110.0 | $2,963.3 |
| Operating Profit | $236.7 | $284.4 | $1,072.0 | $216.8 |
| Net Income | $176.7 | $218.7 | $792.9 | $162.6 |
| Net Cash | -$199.1 | $226.7 | -$245.6 | -$313.0 |
| Gross Margin | $488.4 | $508.7 | $1,999.8 | $498.0 |
| Operating Margin | $0.0 | $0.0 | $0.0 | $0.0 |
| Profit as % of Revenues | 276.33 | 16.98 | 16.51 | 16.81 |
| Profit as % of Assets | 2.21 | 1.62 | 5.93 | 1.22 |
| Profit as % of Stockholder Equity | 2.24 | 2.79 | 10.25 | 2.11 |
| Return on Equity | 2.24 | 2.79 | 10.25 | 2.11 |
| Return on Assets | 1.35 | 1.62 | 5.90 | 1.21 |
| Turnover Ratio | 36.20 | 0.22 | 0.91 | 0.22 |
Balance Sheet |
| Total Assets | $13,113.8 | $13,513.0 | $13,448.8 | $13,426.8 |
| Total Liabilities | $5,236.6 | $5,664.4 | $5,709.8 | $5,708.9 |
Cash Flow Statement |
| Operating Cash Flow | $858.1 | $404.0 | $1,047.8 | $728.8 |
| Investing Cash Flow | -$176.9 | -$48.2 | -$689.5 | -$588.5 |
| Financing Cash Flow | -$879.8 | -$133.4 | -$600.1 | -$451.0 |
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