HRL Q4 2022 Earnings — Hormel Foods Corporation Revenue & Financial Results | Market Cap Arena

HRLHormel Foods Corporation

$13B

Q4 2022 Earnings

Consumer Defensive Packaged Foods

Income Statement

Revenue

$3.3B-5.0% YoY

Gross Profit

$566M17.3% margin

Operating Income

$367M11.2% margin

Net Income

$280M8.5% margin

EPS (Diluted)

$0.51

QoQ Revenue Growth

+8.2%

Cash Flow

Operating Cash Flow

$372M

Free Cash Flow

$282M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$13.3B

Total Liabilities

$5.8B

Stockholders' Equity

$7.5B

Cash & Equivalents

$982M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.3B	$3.5B	-5.0%
Gross Profit	$566M	$578M	-2.0%
Operating Income	$367M	$358M	+2.7%
Net Income	$280M	$282M	-0.7%

Revenue Segments

Shelf Stable

$1.5B45%

Perishable Meat

$1.2B36%

Poultry

$549M17%

Other Products

$62M2%