Hormel Foods achieves record Q3 results

Company reports 13th consecutive quarter of record earnings.

Hormel Foods Corp. reported Aug. 18 that it achieved record performance during the fiscal 2016 third quarter, with record diluted earnings of 36 cents per share, up 33% from 27 cents per share last year, as well as record net earnings of $195.7 million, up 33% from net earnings of $146.9 million a year ago.

“We are pleased to announce exceptional results this quarter, with three of our five segments delivering volume, sales and earnings growth. This is also our 13th consecutive qua

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