offline
Hormel Foods' (HRL) Q3 Earnings & Revenues Beat, Down Y/Y
...
Quarter in Detail
Quarterly earnings of 37 cents per share came ahead of the Zacks Consensus Estimate of 35 cents. However, the bottom line fell nearly 5% year over year due to the increased effective tax rate.
...
Net sales came in at $2,290.7 million, which surpassed the Zacks Consensus Estimate of $2,285 million. However, the top line descended about 3% year over year due to weak Grocery unit performance. Also, organic sales were flat year over year.
Hormel Foods witnessed a 4% drop in volumes, due to soft volumes across most segments.
...
https://finance.yahoo.com/news/hormel-fo...01939.html
![[Bild: HRLc1dl1445.png]](https://finviz.com/publish/082219/HRLc1dl1445.png)
...
Quarter in Detail
Quarterly earnings of 37 cents per share came ahead of the Zacks Consensus Estimate of 35 cents. However, the bottom line fell nearly 5% year over year due to the increased effective tax rate.
...
Net sales came in at $2,290.7 million, which surpassed the Zacks Consensus Estimate of $2,285 million. However, the top line descended about 3% year over year due to weak Grocery unit performance. Also, organic sales were flat year over year.
Hormel Foods witnessed a 4% drop in volumes, due to soft volumes across most segments.
...
https://finance.yahoo.com/news/hormel-fo...01939.html
__________________
