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 is recalling thousands of pounds of Skippy peanut butter because of stainless steel fragments possibly contaminating "a limited number of jars."

Hormel is recalling 161,692 pounds of Skippy peanut butter

AUSTIN, Minn. , March 30, 2022 /PRNewswire/ -- Hormel Foods Corporation, (NYSE: HRL), a global branded food company, today announced it has been named One of America's Most Trustworthy Companies by Newsweek.

Hormel Foods Named One of America's Most Trustworthy Companies by Newsweek

Hormel has grown its free cash flow at a compound annual rate of almost 10% since 2008. This is remarkable for a food company.

Beat Inflation With Hormel Foods

Albertsons Companies

Becton, Dickinson and Co.

Chewy

Johnson & Johnson

Procter & Gamble

Walmart

These Reddit stocks come from a range of industries, including pharmaceuticals and retailers, and can easily withstand market turmoil. The post 7 Reddit Stocks Likely to Withstand Any Recession in 2022 appeared first on InvestorPlace.

7 Reddit Stocks Likely to Withstand Any Recession in 2022

Aflac

Kimberly-Clark

A combination of soaring inflation and slowing economic activity spells trouble. These recession-proof stocks can save the day.

7 Recession-Proof Stocks for Nervous Investors to Buy in 2022

This food stock has proven it has the ability to maintain your buying power.

Worried About Inflation? Hormel Can Help Protect Your Wealth

Amcor Plc

McCormick

Turmoil in the stock market has many investors looking for ways to manage risk. If your goal is safety and reliable income, a great starting point is the Dividend Aristocrats, a group of high-quality S&P 500 stocks known for delivering at least 25 straight years of dividend growth.

5 Low-Vol Dividend Aristocrats to Survive a Stormy Market

Survey shows where home cooks find inspiration and solutions WILLMAR, Minn., March 15, 2022 /PRNewswire/ -- Jennie-O Turkey Store, one of the most beloved turkey brands in the world, today announced the results of its latest national survey showing how Americans feel about cooking at home, recipe boredom during the last couple years, and compelling and unusual ways people are finding inspiration in the kitchen.

Jennie-O Shares National Survey Results Revealing How Americans Are Combatting Recipe Boredom & Cooking Fatigue

Goldman Sachs analyst Adam Samuelson downgraded Hormel Foods Corp (NYSE: HRL) to Sell from Neutral with a $44 price target, implying a 12.07% downside. Samuelson warned that the Russia-Ukraine conflict might become one of the most disruptive events across the food and.

Goldman Sachs Turns Bearish On This Food Processing Company

Hormel laid out its top priorities for 2022, and the surprising number one is food service.

Here Is This Dividend King's Top Priority in 2022

AUSTIN, Minn. , March 8, 2022 /PRNewswire/ -- The makers of HORMEL® refrigerated entrees, a family favorite and convenient solution for any mealtime, announced a packaging redesign to highlight consumer relevant product benefits and improved food forward appetite appeal, under the HORMEL® SQUARE TABLE™ entrees brand.

Enjoy Easy Comfort Meals in 30 Minutes with HORMEL® SQUARE TABLE™ Entrees

Hormel Foods' (HRL) first-quarter fiscal 2022 results reflect higher net sales and earnings driven by brand strength, higher pricing and continued recovery in the foodservice unit.

Hormel Foods (HRL) Q1 Earnings & Sales Beat on Brand Strength

Hormel Foods Corporation (HRL) CEO Jim Snee on Q1 2022 Results - Earnings Call Transcript

Shares of Hormel Foods Corp. HRL, -1.69% rose 0.8% in premarket trading Tuesday, after the foods company, which brands include Planters, SPAM, Skippy and Hormel, reported fiscal first-quarter profit that matched expectations but revenue that rose above forecasts, with strongest growth in grocery products. Net income for the quarter to Jan. 30 rose to $239.6 million, or 44 cents a share, from $222.3 million, or 41 cents a share, in the year-ago period.

Hormel stock gains after revenue rises above forecasts and full-year outlook affirmed

AUSTIN, Minn., March 1, 2022 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a leading global branded food company, today reported results for the first quarter of fiscal 2022.

HORMEL FOODS REPORTS RECORD FIRST QUARTER SALES AND REAFFIRMS FULL YEAR SALES AND EARNINGS GUIDANCE

Hormel Foods' (HRL) first-quarter fiscal 2022 performance is likely to reflect sustained demand in the retail and deli channel. Acceleration in the foodservice business is also an upside.

Things to Consider Before Hormel Foods' (HRL) Q1 Earnings

HAYWARD, Calif. , Feb. 24, 2022 /PRNewswire/ -- The makers of Columbus ® Craft Meats, one of the leading deli brands in the United States, announces the launch of its largest integrated marketing campaign ever—the bold new "Like This.

THE MAKERS OF COLUMBUS® CRAFT MEATS LAUNCH BOLD NEW INTEGRATED MARKETING CAMPAIGN FEATURING EASY CHARCUTERIE BUILDS THAT IMPRESS

AUSTIN, Minn., Feb. 7, 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 first quarter financial results.

Hormel Foods Corporation Announces First Quarter Earnings Conference Call and Webcast

AUSTIN, Minn., Feb. 4, 2022 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today announced that Fred Halvin, vice president of corporate development, will be retiring after a 37-year career with the company.

Hormel Foods Announces Retirement of Fred Halvin, Vice President of Corporate Development

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 the Earnings Surprise Streak Could Continue for Hormel (HRL)

Mondelez

Altria

Should you add these consumer staples stocks to your portfolio today?

4 Consumer Staples Stocks To Watch For February 2022

AUSTIN, Minn., Jan. 27, 2022 /PRNewswire/ -- Hormel Foods (NYSE:HRL), a Fortune 500 global branded food company, hosted its Annual Meeting of Stockholders on January 25, 2022.

Hormel Foods Highlights Record Net Sales at its Annual Meeting of Stockholders

AUSTIN, Minn., Jan. 27, 2022 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a global branded food company, recently matched $10,000 in donations made to Slice Out Hunger through the nonprofit organization's giving season fundraising campaign.

Hormel Foods Matches Donations to Slice Out Hunger through Giving Season Fundraising Campaign

AUSTIN, Minn., Jan. 27, 2022 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today announced that Paul Kuehneman has advanced to the position of vice president and controller.

Hormel Foods Announces Advancement of Paul Kuehneman to Vice President and Controller

Colgate-Palmolive

The ongoing flight to safety ought to strong favor these defensively oriented dividend stocks.

News for Hormel Foods Stock (HRL)