Revenue segments as reported by the company.

Retail

Foodservice

International

Grocery Products

Refrigerated Foods

Jennie-O Turkey Store

International & Other

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Selling, General and Administrative

Goodwill/intangible impairment

Equity in Earnings of Affiliates

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Hormel Foods

Skippy is a brand of peanut butter manufactured in the USA. First sold in 1932, Skippy is currently manufactured by Hormel Foods, which bought the brand from Unilever in 2013.

Skippy

Applegate is a producer of high-quality natural and organic hot dogs, bacon, sausages, deli meats, cheese and frozen products. Products are made without GMO ingredients and sourc meat from farms.

Applegate

Spam is a brand of canned cooked meat made by Hormel Foods Corporation. It was first introduced in 1937 and gained popularity worldwide after its use during World War II. By 2003, Spam is sold in 41 countries on six continents and trademarked in over 100 countries (except in the Middle East and North Africa). In 2012, the eight billionth can of Spam was sold.

Spam

Hormel Foods Corp. engages in the manufacturing and marketing of branded food products. It operates through the following segments: Retail, Foodservice, and International. The Retail segment consists of the processing, marketing, and sale of food products sold predominantly in the retail market. The Foodservice segment includes the processing, marketing, and sale of food and nutritional products for foodservice, convenience store, and commercial customers. The International segment focuses on processing, marketing, and selling company products internationally. The company was founded by George A. Hormel in 1891 and is headquartered in Austin, MN.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Hormel Foods reports Q1 challenges, focuses on efficiency and growth

Hormel Foods faced challenges in Q1 2023 due to inflation, supply chain inefficiencies, and lower sales volumes, leading to a reduced earnings outlook for the year.
Despite these challenges, the company is focusing on efficiency improvements, innovation, and capacity expansions to drive growth and profitability.
Opportunities lie in rebounding turkey volumes, addressing inventory issues, and leveraging consumer behavior insights for strategic decision-making.
The new reporting structure aims to enhance clarity and drive results, while efforts are ongoing to navigate market challenges and capitalize on growth prospects.

Hormel Foods reports Q2 challenges, sees growth opportunities ahead

Hormel Foods navigated challenges with inventory and margin improvements, focusing on strategic cash use and cost management.
Despite a decline in net sales, the company saw strong bottom-line growth in foodservice and positive progress in the Planters brand.
Opportunities lie in consumer trends towards premium offerings, balanced business model benefits, and growth in various segments.
Analyst inquiries centered on volume recovery, pricing actions, and the company's outlook for the second half of the year.

Hormel Foods reports solid Q3 performance, eyes growth opportunities

Hormel Foods delivered a strong performance in Q3 2023 with growth in key segments and a focus on addressing challenges.
Management's strategic initiatives aim to drive growth, improve margins, and capitalize on opportunities in the coming year.
Despite challenges, Hormel remains positive about future prospects and is committed to enhancing its market position.

Hormel Foods plans for growth in 2024 amid challenges

Hormel Foods navigated challenges in fiscal 2023 and is poised for improvement in fiscal 2024, focusing on sustainable growth and operational efficiency.
The company's strategic initiatives include investments in supply chain optimization, global expansion, and enhancing snacking brands for long-term success.
Despite facing cost pressures and market challenges, Hormel remains committed to driving growth, reducing costs, and capturing value from investments.
Hormel's outlook for fiscal 2024 includes opportunities for growth in retail, food service, and global markets, supported by strategic investments and operational enhancements.

Hormel Foods excels in Q1 2024, eyes growth through strategic initiatives

Hormel Foods' Q1 2024 results reflect robust performance and strategic focus on growth objectives. The company is optimistic about continued volume growth, margin improvements, and achieving its full-year outlook. Addressing challenges and leveraging opportunities will be key to sustaining momentum.

Hormel Foods reports robust Q2 performance, eyes growth opportunities

Hormel Foods showcased strong financial performance in Q2 2024, driven by growth in foodservice and international segments.
While facing challenges in retail and cost management, the company remains focused on strategic initiatives and long-term growth.
Ongoing pricing discussions, stable turkey outlook, and international market improvements provide avenues for future growth and profitability.
CEO's confidence in the business's direction underscores Hormel's resilience and commitment to delivering shareholder value.

Hormel Foods surpasses Q3 earnings expectations, eyes growth opportunities

Hormel Foods reported strong Q3 performance across key segments, with a positive outlook for the remainder of the year. Despite some challenges in cost management and investment returns, the company remains focused on growth opportunities and financial resilience. Investors can look forward to potential benefits from the ongoing Transform and Modernize initiative.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

The food manufacturer's stock is on pace for its worst day in more than a decade.

Hormel Foods Is Worst S&P 500 Performer After Issuing 3-Year Financial Targets

Hormel Foods Corp.'s HRL, -8.39% stock was down 8.7% to $33.11 a share on Thursday morning as the worst performer in the S&P 500 SPX, -0.12%. The food company is on track for its lowest close since March 23, 2018, when it ended the session at $32.55, according to Dow Jones Market Data.

Hormel stock drops 8% as worst performer in S&P after workers ratify contract

AUSTIN, Minn. , Oct. 12, 2023 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, will host its 2023 Investor Day this morning at the New York Stock Exchange in New York City.

HORMEL FOODS TO HIGHLIGHT PROGRESS ON ITS STRATEGIC EVOLUTION AND DETAIL PLAN TO DELIVER EARNINGS GROWTH AT ITS 2023 INVESTOR DAY

Hormel Foods (HRL) continues to operate in a volatile, complex and high-cost environment. Persistent weakness in the International segment is a concern.

Hormel Foods (HRL) Battles Supply-Chain Issues & High Costs

Hormel Foods Corporation shares have been trading in a stagnant fashion and even declining, trading near the lowest levels in a decade. Earnings have slipped due to a big acquisition and inflationary pressure, leading to a cut in full-year earnings guidance. The company has faced a tough operating environment with inflationary pressures, a strapped consumer, and higher interest rates.

Hormel Foods Stock: Caution, Just Caution

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AUSTIN, Minn. , Oct. 9, 2023 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, invites interested parties to participate in a live webcast of the Hormel Foods 2023 Investor Day on Thursday, Oct. 12, 2023, at 8:30 a.m.

Hormel Foods Announces Webcast of 2023 Investor Day Presentation

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Inflation allowed food makers to jack up prices, but now the fight is going to be over market share. General Mills offers a historically attractive 3.7% dividend yield and has a long history of success.

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Global branded food company sets ambitious targets for reducing greenhouse gas emissions across its value chain over next 7 years AUSTIN, Minn. , Oct. 4, 2023 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company known for its commitment to sustainability, recently had its greenhouse gas (GHG) reduction targets validated by the Science Based Targets initiative (SBTi).

Hormel Foods Commits to Reducing Greenhouse Gas Emissions 50% by 2030

On retail shelves until December, this party tray is great for those on-the-go occasions AUSTIN, Minn. , Oct. 3, 2023 /PRNewswire/ -- For any snacking needs that might accompany the outdoor activities of the fall season, the Hormel Gatherings® brand has consumers covered.

For Autumn Enthusiasts, the Hormel Gatherings® Trailhead Party Tray is the Perfect Snacking Centerpiece for Any Fall Get-Together

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The ProShares S&P 500 Dividend Aristocrat ETF fell by 2.34% in August and is down 6.25% in September bringing its year-to-date return down to -0.70%. I present 3 strategies that can theoretically beat the dividend aristocrat index in the long term. After 26 months of tracking these strategies, only 1 strategy is beating NOBL but all 3 continue to outperform SPY.

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The Justice Department has filed a civil antitrust lawsuit against meat data provider Agri Stats, charging it with organizing and managing anticompetitive information exchanges among broiler chicken, pork and turkey processors.

Meat-processor stocks fall after DoJ brings antitrust suit against data provider Agri Stats

Global branded food company and its leading turkey brand continue to advance renewable energy projects at their Montevideo, Minn., plant MONTEVIDEO, Minn.

Hormel Foods, Jennie-O Turkey Store Celebrate Completion of Latest Community Solar Project

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Hormel Foods (HRL) continues to operate in a volatile, complex and high-cost environment. Weakness in the International segment is a hurdle.

Hormel Foods (HRL) Appears Dull on Supply-Chain, Cost Woes

Company shares commitment to sustainability and impact of worldwide ESG efforts AUSTIN, Minn. , Sept. 21, 2023 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today announced the launch of its 17th annual Global Impact Report.

Hormel Foods Releases 17th Annual Global Impact Report

Company recognized for leadership in green power use, climate change initiatives AUSTIN, MN / ACCESSWIRE / September 20, 2023 / Hormel Foods Corporation (NYSE:HRL), a Fortune 500 global branded food company known for its corporate citizenship, announced today that it has received a 2023 Green Power Leadership Award from the U.S. Environmental Protection Agency (EPA) and the Market Development Award from the Center for Resource Solutions (CRS). For more than 20 years, the EPA's annual Green Power Leadership Awards have recognized America's leading green power users for their commitment to using renewable electricity and advancing the nation's green power market.

Hormel Foods Receives EPA Green Power Leadership and CRS Market Development Awards

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Chef Barry Greenberg offers original brining concepts to help keep dry, bland turkeys at bay AUSTIN, Minn. , Sept. 19, 2023 /PRNewswire/ -- Turkey is an unquestioned staple of the Thanksgiving holiday in America, but from a cooking standpoint, it's an easy thing to get wrong.

Culinary Experts at Hormel Foods Offer Insight to Help Consumers Keep Their Holiday Turkeys Succulent and Flavorful

Great companies reward shareholders with regular dividend increases. Hormel Foods has increased its dividend annually for 57 years.

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The market may move up and down irrationally and seemingly on a whim while our dividends remain much more stable, reliable, and predictable. Dividends may not increase every year and a cut or elimination is even possible but the odds are greatly reduced when you diversify among different companies and sectors and focus on dividend quality. It will be interesting to see how the market plays out in the last quarter of the year.

Dividend Income Update August 2023

News for Hormel Foods Stock (HRL)