Hormel Foods Corp
Income Statement
| Line Item | FY2009 | FY2008 | FY2007 | FY2006 |
|---|---|---|---|---|
| Revenue | $6.53B | $6.75B | $6.19B | $5.75B |
| Grocery Products | $1.04B | $923.3M | $834.0M | $808.6M |
| Refrigerated Foods | $3.21B | $3.46B | $3.20B | $2.88B |
| Jennie-O Turkey Store | $1.20B | $1.24B | $1.15B | $1.14B |
| Specialty Foods | $753.7M | $787.0M | $747.8M | $687.2M |
| International & Other | $327.2M | $346.3M | $269.6M | $235.4M |
| Retail | $0 | $0 | $0 | $0 |
| Foodservice | $0 | $0 | $0 | $0 |
| International | $0 | $0 | $0 | $0 |
| Cost of Revenue | $5.43B | $5.69B | — | — |
| Gross Profit | $1.10B | $1.06B | — | — |
| Gross Margin | 16.8% | 15.7% | — | — |
| Operating Expenses | ||||
| Research & Development | $25.4M | — | — | — |
| SG&A Expense | $567.1M | $552.5M | — | — |
| Operating Income | $556.1M | — | — | — |
| Operating Margin | 8.5% | — | — | — |
| Interest Expense | $28.0M | $28.0M | — | — |
| Pretax Income | $528.1M | — | — | — |
| Income Tax Expense | $182.2M | $172.0M | — | — |
| Net Income | $342.8M | $285.5M | — | — |
| Net Margin | 5.2% | 4.2% | — | — |
| EPS (Basic) | $1.28 | $2.11 | — | — |
| EPS (Diluted) | $1.27 | $2.08 | — | — |
| Shares Outstanding (Basic) | 268.5M | 135.4M | — | — |
| Shares Outstanding (Diluted) | 271.0M | 137.1M | — | — |
| Dividends Per Share | $0.38 | $0.74 | — | — |