(NYSE: HRL) Hormel Foods's forecast annual revenue growth rate of 2.99% is not forecast to beat the US Packaged Foods industry's average forecast revenue growth rate of 5.8%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 70.6%.
Hormel Foods's revenue in 2023 is $12,458,806,000.On average, 4 Wall Street analysts forecast HRL's revenue for 2023 to be $7,011,679,739,835, with the lowest HRL revenue forecast at $6,795,167,349,326, and the highest HRL revenue forecast at $7,223,727,844,680.
In 2024, HRL is forecast to generate $7,083,919,750,403 in revenue, with the lowest revenue forecast at $6,973,684,133,506 and the highest revenue forecast at $7,194,155,367,301.