Key highlights from Hormel Meals’ (HRL) Q1 2023 earnings outcomes


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Hormel Meals Company (NYSE: HRL) reported first quarter 2023 earnings outcomes as we speak.

Internet gross sales remained comparatively unchanged at $3 billion in comparison with the identical interval final yr.

Internet earnings attributable to Hormel Meals Company had been $217.7 million, or $0.40 per share, in comparison with $239.5 million, or $0.44 per share, final yr.

For the complete yr of 2023, the corporate expects web gross sales development of 1-3% in comparison with final yr.

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