HRL Q1 2022 Earnings — Hormel Foods Corporation Revenue & Financial Results | Market Cap Arena

HRLHormel Foods Corporation

$13B

Q1 2022 Earnings

Consumer Defensive Packaged Foods

Income Statement

Revenue

$3.0B+23.7% YoY

Gross Profit

$539M17.7% margin

Operating Income

$320M10.5% margin

Net Income

$240M7.9% margin

EPS (Diluted)

$0.44

QoQ Revenue Growth

-11.9%

Cash Flow

Operating Cash Flow

$384M

Free Cash Flow

$334M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$12.8B

Total Liabilities

$5.7B

Stockholders' Equity

$7.1B

Cash & Equivalents

$824M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.0B	$2.5B	+23.7%
Gross Profit	$539M	$450M	+19.7%
Operating Income	$320M	$268M	+19.3%
Net Income	$240M	$222M	+7.8%

Revenue Segments

Perishable Meat

$1.8B58%

Shelf Stable

$635M21%

Poultry

$537M18%

Other Products

$99M3%