HORMEL FOODS CORP /DE/ Earnings Per Share Disclosure
| Fiscal Year Ended | ||||||||||||||||||||
| In thousands | October 26, 2025 | October 27, 2024 | October 29, 2023 | |||||||||||||||||
Basic Weighted-average Shares Outstanding | 550,164 | 548,129 | 546,421 | |||||||||||||||||
| Dilutive Potential Common Shares | 332 | 703 | 2,562 | |||||||||||||||||
Diluted Weighted-average Shares Outstanding | 550,496 | 548,832 | 548,982 | |||||||||||||||||
| Antidilutive Potential Common Shares | 16,544 | 17,878 | 6,834 | |||||||||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Dec 5, 2025 | Showing above |
| 2024 | Dec 5, 2024 | |
| 2023 | Dec 6, 2023 | |
| 2022 | Dec 6, 2022 | |
| 2021 | Dec 10, 2021 | |
| 2020 | Dec 4, 2020 | |
| 2019 | Dec 6, 2019 | |
| 2018 | Dec 7, 2018 | |
| 2017 | Dec 20, 2017 | |
| 2016 | Dec 21, 2016 | |
| 2015 | Dec 16, 2015 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.