06:36 AM EDT, 08/28/2025 (MT Newswires) -- Hormel Foods ( HRL ) reported fiscal Q3 adjusted earnings Thursday of $0.35 per diluted share, down from $0.37 a year earlier.

Analysts polled by FactSet expected $0.40.

Revenue for the quarter ended July 27 was $3.03 billion, up from $2.90 billion a year earlier.

Analysts surveyed by FactSet expected $2.98 billion.

For fiscal Q4, the company said it expects adjusted EPS of $0.38 to $0.40. Analysts surveyed by FactSet expect $0.47.

Revenue for the fiscal quarter is projected to be between $3.15 billion and $3.25 billion. Analysts surveyed by FactSet expect $3.25 billion.

Hormel Foods ( HRL ) shares were down more than 9% in recent premarket activity Thursday.

Price: 26.28, Change: -2.74, Percent Change: -9.44