HRL Q3 2020 Earnings — Hormel Foods Corporation Revenue & Financial Results | Market Cap Arena

HRLHormel Foods Corporation

$13B

Q3 2020 Earnings

Consumer Defensive Packaged Foods

Income Statement

Revenue

$2.4B+4.0% YoY

Gross Profit

$422M17.7% margin

Operating Income

$250M10.5% margin

Net Income

$203M8.5% margin

EPS (Diluted)

$0.37

QoQ Revenue Growth

-1.7%

Cash Flow

Operating Cash Flow

$330M

Free Cash Flow

$242M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$9.6B

Total Liabilities

$3.3B

Stockholders' Equity

$6.3B

Cash & Equivalents

$1.7B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.4B	$2.3B	+4.0%
Gross Profit	$422M	$433M	-2.5%
Operating Income	$250M	$257M	-2.8%
Net Income	$203M	$199M	+1.8%

Revenue Segments

Perishable Meat

$1.4B57%

Shelf Stable

$512M21%

Poultry

$426M18%

Other Products

$78M3%