HRL Q2 2020 Earnings — Hormel Foods Corporation Revenue & Financial Results | Market Cap Arena

HRLHormel Foods Corporation

$13B

Q2 2020 Earnings

Consumer Defensive Packaged Foods

Income Statement

Revenue

$2.4B+3.3% YoY

Gross Profit

$477M19.7% margin

Operating Income

$293M12.1% margin

Net Income

$228M9.4% margin

EPS (Diluted)

$0.42

QoQ Revenue Growth

+1.6%

Cash Flow

Operating Cash Flow

$360M

Free Cash Flow

$280M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$8.4B

Total Liabilities

$2.2B

Stockholders' Equity

$6.2B

Cash & Equivalents

$606M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.4B	$2.3B	+3.3%
Gross Profit	$477M	$469M	+1.7%
Operating Income	$293M	$312M	-6.1%
Net Income	$228M	$282M	-19.4%

Revenue Segments

Perishable Meat

$1.3B52%

Shelf Stable

$619M26%

Poultry

$483M20%

Other Products

$70M3%