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

Company releases two new Charcuterie Trios, Craft Nuts and Tasting Board; reintroduces fan-favorite Secchi Salami at various retailers nationwide AUSTIN, Minn. , Oct. 1, 2024 /PRNewswire/ -- The makers of COLUMBUS ® Craft Meats have unveiled seven new products to elevate holiday entertaining and provide irresistible snacking options.

Makers of COLUMBUS® Craft Meats Launch New Products to Elevate Holiday Entertaining

PepsiCo

Consumer staples companies make small products we buy on a regular basis, creating reliable income streams. PepsiCo has a broadly diversified food business, looks reasonably priced, and has increased its dividend annually for five decades.

2 Millionaire-Maker Dividend-Paying Consumer Staples Stocks

Abbott Labs

Archer-Daniels-Midland Company

Albemarle

Becton, Dickinson and Co.

Franklin Resources

Medtronic

Nordson

ProShares S&P 500 Dividend Aristocrats ETF

Realty Income Corp

PPG Industries

SPDR S&P 500 ETF Trust

Stanley Black & Decker

Target

T. Rowe Price Group

The ProShares S&P 500 Dividend Aristocrats ETF extends it's good form in the second half of 2024, adding a gain of 3.69% in August. I present 3 strategies that can theoretically beat the dividend aristocrat index in the long term. After 38 months of tracking these strategies, all 3 strategies are generating a CAGR superior to NOBL while also offering a higher starting dividend yield.

My Best Dividend Aristocrats For October 2024

A first-of-its-kind convenience product, patent-pending OVEN READY™ Thick Cut Bacon allows for effortless bacon preparation AUSTIN, Minn. , Sept. 26, 2024 /PRNewswire/ -- The makers of HORMEL® BLACK LABEL® Bacon are committed to pushing the boundaries of bacon innovation, and today, the brand is once again revolutionizing the category with the launch of its latest patent-pending product: HORMEL® BLACK LABEL® OVEN READY™ Thick Cut Bacon with Oven Safe Tray.

The Makers of HORMEL® BLACK LABEL® Bacon Introduce OVEN READY™ Thick Cut Bacon

Four Corners Property Trust

Coca-Cola

Coca-Cola is among the dividend-paying elite. Hormel Foods has never let its investors go hungry for income.

These Top Dividend Stocks Can Help Satisfy Your Craving for More Passive Income

AUSTIN, Minn. , Sept. 23, 2024 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today announced its quarterly dividend on the common stock, authorized by the Board of Directors at 28.25 cents ($0.2825) a share on September 23, 2024, will be paid November 15, 2024, to stockholders of record at the close of business on October 15, 2024.

Hormel Foods Corporation Declares Quarterly Dividend

Piper Sandler Cos

AUSTIN, Minn. , Sept. 23, 2024 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, announced today that Debbra Schoneman, president of Piper Sandler Companies, has been elected to the Hormel Foods Board of Directors, effective September 21, 2024.

Hormel Foods Elects New Member to its Board of Directors

WHOLLY® GUACAMOLE finds that 50% of football fans say their go-to snack on game day includes guacamole or other types of dips ORANGE, Calif. , Sept. 16, 2024 /PRNewswire/ -- In celebration of National Guacamole Day on Monday, September 16, the maker of  WHOLLY® GUACAMOLE , America's No.

New National Guacamole Day Survey Reveals Guacamole as a Key Part of Football Game Day Rituals

Avangrid

Bank of America

Citizens Financial Group

Estee Lauder

Eversource Energy

Hasbro

Intel

Interpublic Group of Companies

Kraft Heinz

MetLife

Merck

NextEra Energy

Regions Financial

Calvert Research and Management evaluated 1,000 large companies on 230 ESG indicators to rank the top 100 most sustainable companies for Barron's annual list. Nine dividend-paying ESG companies, including NextEra Energy and Franklin Resources, offer dividends exceeding their share prices, signaling potential buy opportunities. Analysts predict net gains of 13.52% to 39.01% for the top ten ESG stocks by September 2025, with Intel and Estee Lauder among the top gainers.

Buy 9 Sustainable Dividend Dogs From Barron's August 100

Diageo

Dollar General

Thanksgiving is right around the corner, whether we like to acknowledge that fact or not.

Consider Buying These 3 Stocks This Fall

Coca-Cola isn't exactly cheap today, but it is well-run and helps provide a growth foundation to your portfolio. PepsiCo looks reasonably priced today and broadens its growing consumer staples business into the food category.

3 Dividend King Consumer Staples Stocks That Could Make You a Millionaire

Black Hills

California Water Service Group

Emerson Electric

Fortis

Genuine Parts

Kenvue

Leggett & Platt

Altria

Middlesex Water

National Fuel Gas

Northwest Natural Gas

Stepan

SJW Group

United Bankshares

Universal Corp

"What is a Dividend King? A stock with 50 or more consecutive years of dividend increases.” - suredividend.com. The 53 Dividend Kings, screened as of Sept. 10, represented eight of 11 Morningstar Sectors. Broker-targeted top 10 net gains ranged around 11.59%-35.94%, topped by Emerson and Stephan. By yield, Altria tops all. Top 10 September dogs: HRL, KVUE, FRT, FTS, UBSI, BKH, NWN, CDUAF, UVV, and MO averaged 4.70% in yield.

Buy 7 September Dividend Kings, Watch 9 More

So much flavor, so little prep time ORANGE, Calif. , Sept. 12, 2024 /PRNewswire/ -- Over the years, guacamole has become a staple for restaurants — as an appetizer, topper and versatile ingredient used on sandwiches, burgers and Mexican dishes.

MegaMex Foods Launches 3 New WHOLLY® GUACAMOLE Flavors for Foodservice Operators

Amcor Plc

Air Products and Chemicals

Chevron

Fastenal

Federal Realty Investment Trust

Johnson & Johnson

J. M. Smucker

Solventum Corporation

Sysco

V.F.

Walgreens

Exxon Mobil

The S&P 500 Dividend Aristocrats list was rebalanced in January 2024, with notable changes including the removal of Walgreens and 3M, and the addition of Fastenal and Kenvue.

Buy 4 September Dividend Aristocrats And Watch 6

Hormel Foods Co. (NYSE: HRL) is a global branded food company in the consumer staples sector. Its shelf-stable, refrigerated meat and poultry food products are stocked across supermarkets, convenience stores, retailers, commercial kitchens, and food service provider pantries.

Hormel: Time to Feast on the Dip as Yield Gets Tastier

News for Hormel Foods Stock (HRL)