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HORMEL FOODS CORPORATION FY 2025 10-K, explained in plain English

HRL ยท 10-K for the period ending October 26, 2025, filed December 5, 2025 ยท Read the original on SEC.gov โ†’

Key financials โ€” as reported

Total revenue$12.1B
Gross margin15.6%
Operating income$718.6M
Net income$478.2M
Diluted EPS$0.87
Cash & equivalents$670.7M
Total assets$13.4B
Long-term debt$2.9B

Key takeaway

Fiscal 2025 net sales grew 1.6% to $12.1 billion despite a 2.3% decline in sales volume, showing price/mix gains offsetting lower shipments.

๐Ÿ”’ 4 more takeaways in the full analysis

Beneath the surface

Reported EPS of $0.87 masks much weaker adjusted profitability; adjusted diluted EPS of $1.37 excludes the $71 million goodwill/intangible impairment and $164 million equity-method investment write-down, both one-off, non-cash charges concentrated in Q4.

๐Ÿ”’ 4 more insights a headline reader would miss

This is the free preview. The full analysis explains every line item above and includes 8 more findings โ€” plus insider trades, activist stakes, and 8-K events for HRL.

Read the full analysis free Free account ยท 5 full analyses included ยท no card required