HRL Q2 2021 Earnings — Hormel Foods Corporation Revenue & Financial Results | Market Cap Arena

HRLHormel Foods Corporation

$13B

Q2 2021 Earnings

Consumer Defensive Packaged Foods

Income Statement

Revenue

$2.6B+7.6% YoY

Gross Profit

$476M18.3% margin

Operating Income

$289M11.1% margin

Net Income

$228M8.7% margin

EPS (Diluted)

$0.42

QoQ Revenue Growth

+5.9%

Cash Flow

Operating Cash Flow

$156M

Free Cash Flow

$110M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$9.9B

Total Liabilities

$3.2B

Stockholders' Equity

$6.7B

Cash & Equivalents

$1.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.6B	$2.4B	+7.6%
Gross Profit	$476M	$477M	-0.2%
Operating Income	$289M	$293M	-1.4%
Net Income	$228M	$228M	+0.1%

Revenue Segments

Perishable Meat

$1.5B56%

Shelf Stable

$568M22%

Poultry

$494M19%

Other Products

$92M4%