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

Hormel Foods' (HRL) third-quarter fiscal 2022 performance will likely reflect gains from strength in the retail business. Also, improving foodservice division bodes well.

Hormel Foods (HRL) Q3 Earnings Coming Up: Things to Consider

Hormel (HRL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why Hormel (HRL) Could Beat Earnings Estimates Again

Broadcom

CrowdStrike

Catalent

HEICO

Hewlett Packard

MongoDB

Veeva Systems

Earnings per share (EPS) growth of S&P 500 companies so far this week has remained almost unchanged from last week and is at the lowest level since the fourth quarter of 2020.

These Are The 10 Biggest Companies Releasing Earnings Next Week

Hormel (HRL) doesn't possess 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) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Hormel Foods' (HRL) new and more consumer-focused operating model includes the Retail, Foodservice and International segments and is likely to be effective from Oct 31, 2022.

Hormel Foods (HRL) New Operating Model Is Likely to Fuel Growth

Company transitioning to three operating segments to drive sustainable growth AUSTIN, Minn. , Aug. 9, 2022 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today announced a new strategic operating model, aligning its businesses to be more agile, consumer and customer focused, and market driven.

Hormel Foods Announces New Strategic Operating Model

AUSTIN, Minn. , Aug. 8, 2022 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL) 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 third quarter financial results.

Hormel Foods Corporation to Report Third Quarter Earnings and Participate in the 2022 Barclays Global Consumer Staples Conference

Hormel Foods has proven to be a safe haven for investors during times of low consumer confidence in the past 20 years. Although macroeconomic headwinds, including elevated commodity prices, may hurt HRL's business as well, we believe the firm is well-positioned to outperform the broader market.

Hormel Could Be A Safe Haven In Turbulent Markets

Hormel Foods stock has clobbered the broader market so far this year.

Is Now the Time to Buy This Dividend King?

Procter & Gamble

Unilever

I'm buying more of these stocks as the market goes down, which is exactly why I love reinvesting my dividends.

Stock Market Plunge: Why I'm Loading Up on These 3 Stocks

Clorox

PepsiCo

If you are looking for reliable passive income, don't dig too deeply -- just look at the things you buy all the time.

The Best Dividend Stocks to Buy Right Now Could Be Hiding In Plain Sight

Hormel Foods is a Dividend King with 56 consecutive years of dividend growth. Shares currently yield 2.20%. Hormel Foods has spent much of the last decade transitioning their business to provide healthier options for consumers.

Hormel Foods: A Consistent Performer That Rewards Its Shareholders

Hormel Foods (HRL) is boosting business through capacity expansion and strategic acquisitions. Additionally, higher pricing has been aiding amid elevated costs.

Hormel Foods (HRL) Gains From Capacity Expansion, Costs High

General Mills

Hershey

Kroger

As difficult as the first half of 2022 has been for most businesses, there are a few that have managed to deliver positive returns to their shareholders. Here we highlight four companies that tend to benefit from recessions and that have delivered positive returns to shareholders in the first half of the year.

Rising Recession Risk: These Companies Could Actually Benefit

Green Thumb Industries Inc.

Walgreens

Growth stocks might not look attractive now but could offer everlasting returns when the market shifts.

Smart Investors Are Buying and Holding These 3 Supercharged Stocks

AUSTIN, Minn. , July 13, 2022 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, is pleased to announce that it has ranked No.

Hormel Foods Named to Selling Power's 50 Best Companies to Sell For List in 2022

Hormel Foods (HRL) benefits from brand strength, improved foodservice business and higher pricing. However, input cost inflation is a concern.

Hormel Foods (HRL) Benefits From Brand Strength, Hurt by Costs

Experts weigh in on how edible experiences, viral food and mission-based products are having big culinary moments right now and show no signs of slowing down AUSTIN, Minn. , June 30, 2022 /PRNewswire/ -- It's no surprise that consumer preferences about food shifted widely during the past two years as people reprioritized what mattered most to them.

Hormel Foods Details Changing Culinary Landscape in America

Hormel Foods continues ESG investment in practices to enhance soil health, water and air quality, and sequester greenhouse gases AUSTIN, Minn. , June 28, 2022 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, along with its subsidiary Applegate Farms LLC, is leading the way in supporting farmers who employ regenerative agriculture practices, a holistic system of farming that encourages continuous innovation and soil improvement using techniques such as minimal or no soil tillage, regular crop rotation and cover cropping.

Hormel Foods Announces New Regenerative Agriculture Initiatives

The strength of company's brands, foodservice recovery and international business among focus areas AUSTIN, Minn. , June 24, 2022 /PRNewswire/ -- Fortune 500 global branded food company Hormel Foods (NYSE: HRL) recently presented at the 2022 Deutsche Bank dbAccess Global Consumer Conference held in Paris from June 14-16.

Hormel Foods Global Brands and Business Strategy on Stage at dbAccess Global Consumer Conference

The consumer staple sector is often full of names with long track records of dividend growth as companies in the space sell products that customers need regardless of the state of the economy. It's one reason why nearly a quarter of both the Dividend Aristocrats, those S&P 500 names with at least 25 consecutive years of dividend growth, and the Dividend Kings, those names with at least five decades of dividend growth, are in the consumer staples industry.

Hormel: A Steady Dividend Stock for Uncertain Times

Florence Makope Joins Hormel Foods as New Vice President and Treasurer AUSTIN, Minn. , June 21, 2022 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today announced that Gary Jamison, vice president and treasurer, will be retiring after a 34-year career with the company.

Hormel Foods Announces Retirement of Gary Jamison, Vice President and Treasurer, After 34 Years with the Company

Colgate-Palmolive

Recession or not, Dividend Kings have a proven track record of success that includes over 50 years of consecutive distribution increases. This tells us management has the foresight to run their companies profitably in both good times and bad.

Ride Out The Recession With These Dividend Kings

Pilgrim's Pride

PPC vs. HRL: Which Stock Is the Better Value Option?

PPC or HRL: Which Is the Better Value Stock Right Now?

After making new all-time highs earlier this year, Hormel Foods stock has now dropped into the red on a year-to-date basis. The sell-off continued following the company's Q2 earnings results, even as the company beat earnings estimates.

News for Hormel Foods Stock (HRL)