A Detailed Look at Hormel Foods’ Fiscal Q2 2018 Sales Numbers

Hormel Foods (HRL) reported its fiscal Q2 2018 results on May 24. The company’s acquisitions of Columbus Craft Meats, Fontanini, and Ceratti along with the strong performances of its brands, including Hormel Natural Choice, and Hormel Bacon 1, boosted its top line. Segment wise, the company’s Refrigerated segment sales were up 13.6% driven by higher sales of Hormel pepperoni, Hormel Natural Choice products, and Hormel Bacon 1. The company’s acquisitions of Columbus and Fontanini also added to its top line.