HRL Q3 2021 Earnings — Hormel Foods Corporation Revenue & Financial Results | Market Cap Arena

HRLHormel Foods Corporation

$13B

Q3 2021 Earnings

Consumer Defensive Packaged Foods

Income Statement

Revenue

$2.9B+20.2% YoY

Gross Profit

$423M14.8% margin

Operating Income

$207M7.2% margin

Net Income

$177M6.2% margin

EPS (Diluted)

$0.32

QoQ Revenue Growth

+9.9%

Cash Flow

Operating Cash Flow

$77M

Free Cash Flow

$23M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$12.3B

Total Liabilities

$5.5B

Stockholders' Equity

$6.8B

Cash & Equivalents

$291M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.9B	$2.4B	+20.2%
Gross Profit	$423M	$422M	+0.2%
Operating Income	$207M	$250M	-16.9%
Net Income	$177M	$203M	-12.9%

Revenue Segments

Perishable Meat

$1.6B56%

Shelf Stable

$670M23%

Poultry

$500M17%

Other Products

$83M3%