- Hormel Foods delivered a solid fourth quarter and a record full-year operating cash flow of $1.3 billion in fiscal 2024, underpinning a dividend of $1.16 per share for fiscal 2025 and the company’s continued capital discipline. Q4 2024 net sales were $3.139 billion, with operating income of $294.48 million and net income of $220.20 million, translating to diluted EPS of $0.40 and an annualized run rate of $1.47 per share on a GAAP basis (adjusted $1.58). For the year, net sales reached about $11.9 billion and operating income was about $1.1 billion, with an adjusted operating margin of 9.6%.