WASHINGTON (dpa-AFX) - (Adds Outlook, share movement)

For the full year, Hormel Foods Corporation (HRL) has reaffirmed its earnings
outlook below analysts' estimates, and sales guidance in line.

The company still expects annual net income per share of $1.43 to $1.57. Hormel
Foods continues to expect adjusted income per share of $1.51 to $1.65, compared
with analysts' estimate of $1.67 per share.

Annual sales are still projected to be in the range of $12.2 billion to $12.5
billion, in line with analysts' view of $12.43 billion.

HRL was trading up by 4.83 percent at $32.32 per share in the pre-market trade
on the New York Stock Exchange.

Q1 Results:

Hormel Foods Corp (HRL) announced earnings for first quarter that beat the
Street estimates.

The company's bottom line came in at $218.86 million, or $0.40 per share. This
compares with $217.72 million, or $0.40 per share, in last year's first quarter.

Excluding items, Hormel Foods Corp reported adjusted earnings of $226.76 million
or $0.41 per share for the period.

Analysts on average had expected the company to earn $0.34 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 1.0% to $3.00 billion from $2.97
billion last year.

Hormel Foods Corp earnings at a glance (GAAP) :

-Earnings (Q1): $218.86 Mln. vs. $217.72 Mln. last year.
-EPS (Q1): $0.40 vs. $0.40 last year.
-Revenue (Q1): $3.00 Bln vs. $2.97 Bln last year.

-Guidance:
Full year EPS guidance: $1.51 - $1.65
Full year revenue guidance: $12.2 - $12.5 Bln



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