SECdecoded Read filings, not jargon.

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

HRL · 10-K for the period ending October 26, 2025, filed December 5, 2025 · Read the original on SEC.gov →

Key financials — 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.

🔒 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.

🔒 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 — plus insider trades, activist stakes, and 8-K events for HRL.

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