Hormel Foods Corporation reported earnings results for the second quarter and six months ended April 28, 2024. For the second quarter, the company reported sales was USD 2,887.35 million compared to USD 2,977.64 million a year ago. Net income was USD 189.28 million compared to USD 217.24 million a year ago. Basic earnings per share from continuing operations was USD 0.35 compared to USD 0.4 a year ago. Diluted earnings per share from continuing operations was USD 0.34 compared to USD 0.4 a year ago.
For the six months, sales was USD 5,884.26 million compared to USD 5,948.63 million a year ago. Net income was USD 408.14 million compared to USD 434.96 million a year ago. Basic earnings per share from continuing operations was USD 0.75 compared to USD 0.8 a year ago. Diluted earnings per share from continuing operations was USD 0.74 compared to USD 0.79 a year ago.