HRL Q1 2021 Earnings — Hormel Foods Corporation Revenue & Financial Results | Market Cap Arena

HRLHormel Foods Corporation

$13B

Q1 2021 Earnings

Consumer Defensive Packaged Foods

Income Statement

Revenue

$2.5B+3.2% YoY

Gross Profit

$450M18.3% margin

Operating Income

$268M10.9% margin

Net Income

$222M9.0% margin

EPS (Diluted)

$0.41

QoQ Revenue Growth

+1.7%

Cash Flow

Operating Cash Flow

$206M

Free Cash Flow

$165M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$10.0B

Total Liabilities

$3.4B

Stockholders' Equity

$6.6B

Cash & Equivalents

$1.8B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.5B	$2.4B	+3.2%
Gross Profit	$450M	$468M	-3.9%
Operating Income	$268M	$280M	-4.4%
Net Income	$222M	$243M	-8.5%

Revenue Segments

Perishable Meat

$1.4B56%

Shelf Stable

$524M21%

Poultry

$475M19%

Other Products

$86M3%