Hormel hits record for Q2 results

Operating profits up by double digits in all but one business segment.

Hormel Foods Corp. reported record performance for the fiscal 2016 second quarter.

The company reported record second-quarter net earnings of $215.4 million for 2016, up 20% from net earnings of $180.2 million in the second quarter last year. Diluted earnings per share for the quarter were 40 cents, up 21% from 33 cents last year. Sales for the quarter were $2.3 billion, up 1% from last year.

 “Hormel Foods delivered strong results this quarter — our 12th consecutive quarte

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