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

Coca-Cola

Procter & Gamble

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Hormel Foods Corp. HRL, -4.77% stock slid 4.7% Wednesday after the meat and food products company topped fiscal fourth-quarter profit forecasts but fell short on sales and said it expected a continued “volatile, complex and high-cost environment.”

Hormel Foods stock slides 4.7% after sales were hurt by a slump in turkey sales

Hormel Foods' (HRL) fourth-quarter earnings remain in line with the year-ago period. Management expects earnings and sales growth in fiscal 2023 while operating in a volatile environment.

Hormel Foods (HRL) Q4 Earnings Top Estimates, Revenues Dip Y/Y

Hormel Foods Corporation (NYSE:HRL ) Q4 2022 Earnings Call Transcript November 30, 2022 9:00 AM ET Company Participants David Dahlstrom - Director of Investor Relations Jim Snee - Chairman of the Board, President & Chief Executive Officer Jacinth Smiley - Executive Vice President & Chief Financial Officer Conference Call Participants Peter Galbo - Bank of America Ben Theurer - Barclays Ken Zaslow - Bank of Montreal Robert Moskow - Credit Suisse Tom Palmer - JPMorgan Rupesh Parikh - Oppenheimer Michael Lavery - Piper Sandler Eric Larson - Seaport Research Partners Operator Good day, and welcome to the Hormel Foods Fourth Quarter 2022 Earnings Conference Call. All participants will be in listen-only mode.

Hormel Foods Corporation (HRL) Q4 2022 Earnings Call Transcript

Hormel Foods falls hard on 2023 guidance but the move has opened up an opportunity for income investors who want to buy this Dividend Aristocrat.

Hormel: Is This The Time To Buy?

Hormel (HRL) delivered earnings and revenue surprises of 2% and 0.34%, respectively, for the quarter ended October 2022. Do the numbers hold clues to what lies ahead for the stock?

Hormel Foods (HRL) Q4 Earnings Surpass Estimates

The company's refrigerated-foods business saw volumes drop 19% without the benefit of an additional week in last year's fiscal fourth quarter.

Hormel's Revenue Slips 5% on Fewer Bacon, Turkey Sales

Shares of Hormel Foods Corp. HRL, -1.87% dropped 1.9% in premarket trading Wednesday, after the meat and food products company topped fiscal fourth-quarter profit forecasts but fell short on sales and provided a downbeat outlook, citing expectations of a continued "volatile, complex and high-cost environment." Net income for the quarter to Oct. 30 was $279.9 million, or 51 cents a share, compared with $281.7 million, or 51 cents a share, in the year-ago period.

Hormel stock falls after sales miss and downbeat outlook, as 'high-cost' environment to continue

AUSTIN, Minn. , Nov. 30, 2022 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 leading global branded food company, today reported results for the fourth quarter of fiscal 2022.

HORMEL FOODS REPORTS RECORD SALES AND DOUBLE-DIGIT EARNINGS GROWTH IN FISCAL 2022; EXPECTS CONTINUED SALES AND EARNINGS GROWTH IN FISCAL 2023

Hormel Foods' (HRL) fourth-quarter results are likely to be impacted by the inflated cost of logistics, operations and raw material inputs.

Hormel Foods' (HRL) Q4 Earnings Upcoming: What's in Store?

In its latest print, HRL fell short of both earnings and revenue expectations.

Hormel Foods Q4 Preview: Rebound Quarter Inbound?

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Hormel (HRL) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Hormel Foods (HRL) Expected to Beat Earnings Estimates: What to Know Ahead of Q4 Release

84th Consecutive Year of Program for Team Members AUSTIN, Minn. , Nov. 23, 2022 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a global branded food company, today distributed its annual profit sharing to eligible hourly and salaried team members during this 84th consecutive grant.

Hormel Foods Annual Profit Sharing Continues

Hormel Foods (HRL) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Should You Buy Hormel Foods (HRL) Ahead of Earnings?

This food maker's stock is "only" down 10%, but its dividend yield is historically high.

1 Growth Stock That's Down 10% to Buy Right Now

AUSTIN, Minn. , Nov. 21, 2022 /PRNewswire/ -- The Board of Directors of Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today announced a 6 percent increase to the annual dividend to shareholders, marking the 57th consecutive annual dividend increase.

Hormel Foods Corporation Announces 57th Consecutive Increase to the Annual Dividend

DENVER--( BUSINESS WIRE )--In the fourth and fifth paragraphs of release dated November 16, 2022, the dollar amount should read: $134.6 million (instead of $195 million).

CORRECTING and REPLACING Hagens Berman: Wage-Fixing Lawsuit Affecting Hundreds of Thousands of Workers Aimed at Meat Processing Industry

DENVER--( BUSINESS WIRE )--An antitrust lawsuit seeking to represent workers in the red meat processing industry is accusing 11 of the nation's largest meat processors of colluding to suppress the wages and benefits of hundreds of thousands of their employees since 2014, according to law firm Hagens Berman.

Hagens Berman: Wage-Fixing Lawsuit Affecting Hundreds of Thousands of Workers Aimed at Meat Processing Industry

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There were a few double-digit boosts in the first half of November. Most notably, ADP came through with a 20% increase and Snap-On Tools with a 14% increase. Emerson extended its dividend growth streak to 66 years with a 1% boost and Lancaster Colony started its 7th decade of dividend growth with a 6% increase.

Merck, Nike Among 14 Companies To Announce Annual Dividend Increases In The Second Half Of November

Scholarships support students with military backgrounds pursuing careers in culinary arts or a foodservice management program AUSTIN, Minn. , Nov. 11, 2022 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today announced the recipients of this year's two $10,000 Hormel Heroes Scholarships.

Hormel Foods Announces 2022 Hormel Heroes Scholarship Recipients

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Snee Honored For Transformational Leadership Award highlights the company's work in equity in education and food security AUSTIN, Minn. , Nov. 8, 2022 /PRNewswire/ -- Hormel Foods Corporation, (NYSE: HRL), a Fortune 500 global branded food company, today announced Jim Snee, chairman of the board, president and chief executive officer, was named the 2022 Responsible CEO of the Year for transformative leadership by 3BL Media.

Hormel Foods CEO Jim Snee Receives Responsible CEO of the Year Honor

AUSTIN, Minn. , Nov. 7, 2022 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, invites you to participate in a webcast and conference call with Jim Snee, chairman of the board, president and chief executive officer, and Jacinth Smiley, executive vice president and chief financial officer, to discuss the company's fourth quarter and full-year financial results.

Hormel Foods Corporation Announces Fourth Quarter Earnings Conference Call and Webcast

AUSTIN, Minn. , Nov. 7, 2022 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL) a Fortune 500 global branded food company today announced it has been ranked No.

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