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Percentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions.
| Analyst | Firm | Questions · challengingPercentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions. |
|---|---|---|
| Pooran Sharma | Stephens | 14 questions · 0% challenging |
| Tom Palmer | JPMorgan | 14 questions · 7% challenging |
| Michael Lavery | Piper Sandler | 12 questions · 17% challenging |
| Heather Jones | Heather Jones Research | 12 questions · 17% challenging |
| Ben Theurer | Barclays | 11 questions · 9% challenging |
| Peter Galbo | Bank of America | 11 questions · 36% challenging |
| Rupesh Parikh | Oppenheimer | 9 questions · 11% challenging |
| Max Gumport | BNP Paribas | 8 questions · 0% challenging |
| Leah Jordan | Goldman Sachs | 6 questions · 0% challenging |
| Ken Goldman | JPMorgan | 4 questions · 25% challenging |
| Firm | Analysts | Questions · challengingPercentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions. |
|---|---|---|
| JPMorgan | 2 analysts | 18 questions · 11% challenging |
| Bank of America | 3 analysts | 14 questions · 29% challenging |
| Stephens | 1 analyst | 14 questions · 0% challenging |
| Heather Jones Research | 2 analysts | 13 questions · 15% challenging |
| Barclays | 3 analysts | 13 questions · 8% challenging |
| Oppenheimer | 2 analysts | 13 questions · 8% challenging |
| Piper Sandler | 1 analyst | 12 questions · 17% challenging |
| BNP Paribas | 1 analyst | 8 questions · 0% challenging |
Hormel delivered a strong fiscal Q2 with organic net sales up 3%, its sixth consecutive quarter of organic growth, and adjusted EPS of $0.40, up 14% year over year (GAAP EPS was $0.29, down 12.12%, weighed by a one-time loss on the divested whole-bird turkey business booked to SG&A). All three segments grew profit, led by foodservice (organic sales +7%, segment profit +11%) and international (organic sales +5%, segment profit +20%), while retail returned to 1% organic growth with 13% segment profit growth. Gross margin expanded 70 basis points to 17.4% on pricing, favorable mix, and improved turkey manufacturing performance. Management reaffirmed full-year net sales guidance of $12.2 to $12.5 billion and adjusted EPS of $1.43 to $1.51, and said it is trending toward the upper half of the earnings range, though it expects third quarter adjusted earnings roughly in line with the prior year on fuel, commodity, and inventory-rebalancing headwinds.
Margin | Guidance Reliability | Competitive Dynamics | Pricing | Cost Pressure | Revenue Growth | Supply Chain | Capital Allocation | |
|---|---|---|---|---|---|---|---|---|
| 2024Q4 | 8 | 6 | 4 | 2 | 3 | 2 | 2 | |
| 2025Q1 | 5 | 4 | 5 | 5 | 2 | 2 | 3 | 1 |
| 2025Q2 | 6 | 3 | 4 | 2 | 1 | 4 | 2 | 1 |
| 2025Q3 | 5 | 4 | 3 | 5 | 4 | 2 | 3 | 1 |
| 2025Q4 | 6 | 4 | 2 | 5 | 6 | 2 | 2 | 2 |
| 2026Q1 | 4 | 2 | 2 | 2 | 1 | 3 | 2 | 3 |
| 2026Q2 | 5 | 3 | 2 | 2 | 1 | 1 |
| '24Q4 | '25Q1 | '25Q2 | '25Q3 | '25Q4 | '26Q1 | '26Q2 | |
|---|---|---|---|---|---|---|---|
| Margin | 8 | 5 | 6 | 5 | 6 | 4 | 5 |
| Guidance Reliability | 6 | 4 | 3 | 4 | 4 | 2 | 3 |
| Competitive Dynamics | 4 | 5 | 4 | 3 | 2 | 2 | 2 |
| Pricing | 2 | 5 | 2 | 5 | 5 | 2 | |
| Cost Pressure | 3 | 2 | 1 | 4 | 6 | 1 | 2 |
| Revenue Growth | 2 | 2 | 4 | 2 | 2 | 3 | 1 |
| Supply Chain | 2 | 3 | 2 | 3 | 2 | 2 | 1 |
| Capital Allocation | 1 | 1 | 1 | 2 | 3 |
What HRL said about other companies on its FY2026 Q2 call, and what other companies said about HRL on their calls covering the same calendar quarter (Q2 2026). Each company's own fiscal quarter is shown next to its name. Extracted verbatim from public transcripts. Mentions from the newest quarter are a Pro feature.
“Rice-A-Roni is a great example. SPAM, you can see in the stores. Frank's hot sauce, and then we put that on everything.”
Dollar Tree regained branded products like Hormel's SPAM at its new $1.50 price point, a signal for restored Dollar Tree distribution for Hormel.
On August 24, 2026, Hormel Foods announced the appointment of Ash Bhumbla as Executive Vice President and Chief Financial Officer, effective September 8, 2026, ending Paul R. Kuehneman's service as Interim CFO (Kuehneman continues as VP and Controller / Principal Accounting Officer). Bhumbla, 39, previously served Tyson Foods as SVP and CFO of its Chicken segment from September 2023 to August 2026.
On July 27, 2026, the board of Hormel Foods appointed John F. Ghingo, the company's current President and a director, as President and Chief Executive Officer effective October 26, 2026. Jeffrey M. Ettinger's service as Interim Chief Executive Officer concludes October 25, 2026 under his previously disclosed employment agreement; he remains a director. Ghingo's base salary moves to $1.28 million with a 150% short-term incentive target.
What each event means for HRL’s sentiment score is part of Tellvest Pro.
Calendar quarter Q2 2026Earnings call May 28, 2026
FY2026 Q2 in brief
Hormel delivered a strong fiscal Q2 with organic net sales up 3%, its sixth consecutive quarter of organic growth, and adjusted EPS of $0.40, up 14% year over year (GAAP EPS was $0.29, down 12.12%, weighed by a one-time loss on the divested whole-bird turkey…
Newest quarter FY2026 Q3 is part of Pro · see what Pro adds →
Sources. Tellvest earnings-call sentiment score for Hormel Foods (HRL), FY2026 Q2: 6/10. Scores: Hormel Foods’s public earnings-call transcripts and SEC-reported results — the base band is anchored to reported GAAP revenue growth; transcript, EPS and guidance adjustments are applied separately (documented exceptions apply to a few issuers). Price: HRL daily closing prices for the trailing year; dots mark earnings calls, colored by that quarter’s score; the newest quarter’s score is part of Tellvest Pro. How to read a company earnings-call score.
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| Quarter | Revenue | Rev YoY | EPS | EPS YoY | Gross margin | Op margin | Net margin | FCF |
|---|---|---|---|---|---|---|---|---|
| FY2024 Q4 | $3.14B | -1.9% | $0.40 | +11.1% | 16.6% | 9.4% | 7.0% | $325M |
| FY2025 Q1 | $2.99B | -0.3% | $0.31 | -22.5% | 15.9% | 7.6% | 5.7% | $237M |
| FY2025 Q2 | $2.90B | +0.4% | $0.33 | -2.9% | 16.7% | 8.6% | 6.2% | $-19M |
| FY2025 Q3 | $3.03B | +4.6% | $0.33 | +3.1% | 16.1% | 7.9% | 6.1% | $85M |
| FY2025 Q4 | $3.19B | +1.5% | $-0.10 | -125.0% | 14.0% | 0.1% | -1.8% | $231M |
| FY2026 Q1 | $3.03B | +1.3% | $0.33 | +6.5% | 15.5% | 8.0% | 6.0% | $280M |
| FY2026 Q2Selected | $2.97B | +2.5% | $0.29 | -12.1% | 17.4% | 7.3% | 5.3% | $97M |
| FY2026 Q3 | $2.96B | -2.4% | $0.11 | -66.7% | 15.9% | 3.7% | 2.0% | $172M |
Management’s own words, often on a non-GAAP, constant-currency, or adjusted basis — so these can differ from the GAAP figures above (e.g. constant-currency revenue growth excludes currency swings).
GAAP revenue YoY +2.55% → base 5. The base score is anchored to the GAAP revenue YoY band before transcript, EPS, and guidance adjustments.
| Company | Score | Trend | Rev YoY | Headline |
|---|---|---|---|---|
| HRLHormel Foods | 6 | +2.5% | Hormel delivered a strong fiscal Q2 with organic net sales up 3%, its sixth consecutive quarter of organic growth, and adjusted EPS of $0.40, up 14% year over year (GAAP EPS was $0.29, down 12.12%, weighed by a one-time loss on the divested whole-bird turkey business booked to SG&A) | |
| CAGConagra Brands | 6 | +3.6% | Conagra closed fiscal 2026 with net sales up 3.6%, but a large non-cash impairment drove a GAAP operating loss and a net loss of $3.37 per share | |
| CPBCampbell Soup Company | 1 | -4.4% | Campbell's fiscal Q3 2026 showed early signs of stabilization without escaping its broader pressures: GAAP net sales declined 4.4% and GAAP operating income fell 22.4%, with Snacks EBIT margin recovering sequentially from a little over 7% to about 10% but still down around 400 basis points year-over-year | |
| GISGeneral Mills | 6 | +1.2% | General Mills closed fiscal 2026 with roughly flat GAAP revenue (+1.17% YoY), capping a year in which a bold base-price reset moved base volume from down about 10% to up about 1% and restored household penetration growth | |
| KHCKraft Heinz | Newest quarter — available with Pro | Newest quarter — available with Pro | Newest quarter — available with Pro | |
| MKCMcCormick & Company | 6 | +16.7% | McCormick's fiscal Q2 2026 total sales rose 14% in constant currency, but the headline was carried by the newly consolidated McCormick de Mexico acquisition (12 points of growth), with organic sales up just 2% on pricing as Americas Consumer volumes declined amid widening price gaps in U.S | |
| SJMJ.M. Smucker Company (The) | 8 | +5.8% | J.M |
Hormel delivered a strong fiscal Q2 with organic net sales up 3%, its sixth consecutive quarter of organic growth, and adjusted EPS of $0.40, up 14% year over year (GAAP EPS was $0.29, down 12.12%, weighed by a one-time loss on the divested whole-bird turkey business booked to SG&A)
Conagra closed fiscal 2026 with net sales up 3.6%, but a large non-cash impairment drove a GAAP operating loss and a net loss of $3.37 per share
Campbell's fiscal Q3 2026 showed early signs of stabilization without escaping its broader pressures: GAAP net sales declined 4.4% and GAAP operating income fell 22.4%, with Snacks EBIT margin recovering sequentially from a little over 7% to about 10% but still down around 400 basis points year-over-year
Newest-quarter details for 1 peer (score, revenue, headline, themes and macro signals) are available with Pro.
| Company | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|
| HRL | 4 | 4 | 4 | 5 | 6 | 6 |
| CAG | 2 | 6 | 2 | 3 | 5 | 6 |
| CPB | 3 | 6 | 6 | 3 | 1 | 1 |
| GIS | 3 | 4 | 5 | 4 | 4 | 6 |
| KHC | 2 | 4 | 4 | 4 | 4 | Newest quarter — available with Pro |
| MKC | 5 | 5 | 4 | 6 | 6 | 6 |
| SJM | 5 | 4 | 3 | 4 | 5 | 8 |
General Mills closed fiscal 2026 with roughly flat GAAP revenue (+1.17% YoY), capping a year in which a bold base-price reset moved base volume from down about 10% to up about 1% and restored household penetration growth
Newest quarter — available with Pro
McCormick's fiscal Q2 2026 total sales rose 14% in constant currency, but the headline was carried by the newly consolidated McCormick de Mexico acquisition (12 points of growth), with organic sales up just 2% on pricing as Americas Consumer volumes declined amid widening price gaps in U.S