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

AbbVie

Abbott Labs

Automatic Data Processing

Aflac

A. O. Smith

Air Products and Chemicals

Franklin Resources

Cardinal Health

Caterpillar

Cincinnati Financial

Colgate-Palmolive

Clorox

Cintas Corp

Chevron

Expeditors International of Washington

General Dynamics

Genuine Parts

W.W. Grainger

Illinois Tool Works

Johnson & Johnson

Kimberly-Clark

Coca-Cola

New Linde PLC

Lowe's

I propose leveraging the stock selection criteria from the underlying index of SCHD to build a portfolio with a subset of Dividend Aristocrats. I am tracking two portfolios built using this process and comparing the results to NOBL and SCHD.

Selecting Dividend Aristocrats Using SCHD Methodology - Mounting A Comeback

AUSTIN, Minn. , March 27, 2023 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, announced today that Ray Young, former vice chairman and chief financial officer of Archer-Daniels-Midland Company, and Mike Zechmeister, chief financial officer of C.H.

HORMEL FOODS ELECTS TWO NEW MEMBERS TO ITS BOARD OF DIRECTORS

Like other food makers, Hormel was hit by inflation and supply chain snarls. In addition, the company's turkey operations are being hit by avian flu.

Hormel Is Down 30% From Its 52-Week High. Time to Buy?

From Chocolate-Covered Bacon to SPAM ® Musubi to WHOLLY ® Loaded Tater Tot Kabobs – Game on! AUSTIN, Minn.

Hormel Foods Provides Eight Elite Snacking Options as College Basketball Fans Get Ready for a Thrilling Weekend of Action

Medtronic

Texas Instruments

Economies are complex, but a simple surety is that recessions happen with some regularity. It can be tough to stay invested when everything around you looks like it is falling apart.

Recessions Don't Have to Be Scary for Your Portfolio. Here's Why.

Hormel Foods' net sales and earnings fell in the first quarter. The company pays a safe and market-beating dividend to shareholders.

Down 15% This Year, Is This Dividend King Still a Buy?

Hormel Foods (HRL) is hurt by the continued impact of inflationary pressures, supply chain inefficiencies and drab sales volumes.

Hormel Foods (HRL) Hurt by Inflation & Supply Chain Issues

AUSTIN, Minn. , March 22, 2023 /PRNewswire/ -- In honor of National Chip and Dip Day on March 23, who better to celebrate with than Hormel Foods?

Sit Back, Relax and Enjoy National Chip and Dip Day with Hormel Foods

Federal Realty Investment Trust

Procter & Gamble

As a human being, I am inherently emotional just like you. The biggest problem that most investors will ever face is their own emotional swings.

I'll Never Make This Bear Market Mistake Again

Vanguard Dividend Appreciation ETF

Vanguard S&P 500 ETF

Vanguard High Dividend Yield ETF

The stock market is still up year-to-date in 2023, despite the banking crisis/economic turmoil. Therefore, it's doing what history says usually happens – being up after a significant down year in 2022.

Banks Failing, Interest Rates Rising - Keep Buying Assets

Applegate and Justin's brands participated AUSTIN, Minn. , March 16, 2023 /PRNewswire/ -- Team members from Hormel Foods Corporation, (NYSE: HRL), a Fortune 500 global branded food company, attended the 2023 Natural Products Expo West in Anaheim, Calif.

Hormel Foods Brands Showcase Innovation and Sustainability Efforts at 2023 Natural Products Expo West

AUSTIN, Minn. , March 15, 2023 /PRNewswire/ -- Calling all peanut lovers!

Celebrate National Peanut Lover's Day with America's Favorite Nut - Mr. Peanut®

AUSTIN, Minn. , March 15, 2023 /PRNewswire/ -- The successful Culinary Enrichment and Innovation Program (CEIP), a collaboration between the Foodservice segment of Hormel Foods (NYSE: HRL) and The Culinary Institute of America (CIA) has announced the 20 chefs who will comprise its seventh CEIP Class of 2024.

Hormel Foods and The Culinary Institute of America Announce the 20 Chefs Selected for The Seventh Culinary Leadership Class

Apple

General Mills

Starbucks

AT&T

AT&T 5.35 % Notes 2017-01.11.66 Global

Verizon

The system is clearly broken and has been for a while; however, I could find comfort in one thing, my dividends. These days, there are no shortages of accidental high yielding stocks but look at real cash on hand when viewing balance sheets.

DivHut Portfolio Update: February 2023

Steel Dynamics

Investors should start out understanding that bear markets happen, and there's no point in getting overly upset by it.  Distract yourself during bear markets by focusing on dividends.

You Can't Control a Bear Market, But You Can Control What You Do About It

Arbor Realty Trust

Archer-Daniels-Midland Company

Carrier Global

Cummins

Dover

Emerson Electric

Enterprise Products Partners

EPR Properties

Equinix

Energy Transfer LP Unit

Eaton Vance Tax-Advantaged Dividend Income Fund

Honeywell

Helmerich & Payne

Iron Mountain

McDonald's

Maui Land & Pineapple

Altria

Nordson

Realty Income Corp

Old Republic International

The Taxable Account generated $1,850.78 of dividend income for February 2023 compared with $1,493.49 of dividend income for February 2022. The Taxable Account had a balance of $533.4K as of February 28, 2023, vs. $530.1K on February 28, 2022. The annualized cost basis yield is 5.23%.

The Retirees' Dividend Portfolio: John And Jane's February 2023 Taxable Account Update

News for Hormel Foods Stock (HRL)