- Hormel Foods press release (NYSE:HRL): Q1 GAAP EPS of $0.44 in-line.
- Revenue of $3.04B (+23.6% Y/Y) beats by $120M.
- Shares +1% PM.
- Volume of 1.2 billion lbs., up 2%; organic volume down 4%
- FY2022 sales to be in the range of $11.7B-$12.5B vs. consensus of $12.23B and diluted EPS of $1.87-$2.03 vs. consensus of $1.95.
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