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AI English summary of an SEC filing — figures as filed

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Hormel Foods said fiscal 2025 net sales were $12.1 billion, operating income was $719 million and adjusted operating income was $1,019 million. Operating margin was 5.9% and adjusted operating margin was 8.4%.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Hormel Foods said fiscal 2025 net sales were $12.1 billion, operating income was $719 million and adjusted operating income was $1,019 million. Operating margin was 5.9% and adjusted operating margin was 8.4%.

  2. The company said that in the fourth quarter ended Q4, operating income was $2 million and adjusted operating income was $245 million, with non-cash impairment charges of $234 million primarily related to a minority investment in the International segment and certain intangible assets in the Retail segment.

  3. Hormel Foods said it expects fiscal 2026 net sales of $12.2 billion to $12.5 billion, adjusted operating income of $1.06 billion to $1.12 billion and adjusted diluted earnings per share of $1.43 to $1.51.

  4. The company said fiscal 2025 cash flow from operations was $845 million, dividends paid to shareholders were a record $633 million and capital expenditures were $311 million.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Full-year net sales $12.1 billion, operating income $719 million

Hormel Foods said fiscal 2025 net sales were $12.1 billion, operating income was $719 million and adjusted operating income was $1,019 million. Operating margin was 5.9% and adjusted operating margin was 8.4%.

Source · Based on the filing body and exhibits

Operating income $2 million for Q4, impairment charges $234 million

The company said that in the fourth quarter ended Q4, operating income was $2 million and adjusted operating income was $245 million, with non-cash impairment charges of $234 million primarily related to a minority investment in the International segment and certain intangible assets in the Retail segment.

Source · Based on the filing body and exhibits

Fiscal 2026 outlook: net sales $12.2 billion to $12.5 billion

Hormel Foods said it expects fiscal 2026 net sales of $12.2 billion to $12.5 billion, adjusted operating income of $1.06 billion to $1.12 billion and adjusted diluted earnings per share of $1.43 to $1.51.

Source · Based on the filing body and exhibits

Full-year operating cash flow $845 million, dividends $633 million

The company said fiscal 2025 cash flow from operations was $845 million, dividends paid to shareholders were a record $633 million and capital expenditures were $311 million.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.