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® BLACK LABEL® bacon brand team to consumers: Think beyond breakfast AUSTIN, Minn. , Aug. 1, 2024 /PRNewswire/ -- The makers of the HORMEL® BLACK LABEL® brand offer the widest selection of flavored bacon in the industry, and today, they are proud to announce the latest addition to their portfolio of tasty options.

Makers of the HORMEL® BLACK LABEL® Brand Showcase Non-Breakfast Potential of Bacon With Latest Limited-Edition Flavor: Garlic Rosemary

Abbott Labs

Albemarle

Franklin Resources

C.H. Robinson Worldwide

Clorox

Medtronic

McCormick

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 slumps to end the first half of 2024, posting a loss of 1.40% in June. I present 3 strategies that can theoretically beat the dividend aristocrat index in the long term. After 36 months of tracking these strategies, two strategies are outperforming NOBL, while 1 remains relatively close.

My Best Dividend Aristocrats For August 2024

Young changemakers from across the United States will soon travel to the company's global headquarters for a day of recognition and celebration AUSTIN, Minn. , July 30, 2024 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, is proud to announce its third cohort of 10 Under 20 Food Heroes.

Hormel Foods Announces 2024 Class of 10 Under 20 Food Heroes

Nuts and snack brand partners with BBDO MW to unveil new campaign in support of PLANTERS® Nut Duos snack AUSTIN, Minn. , July 29, 2024 /PRNewswire/ -- To support of the launch of new PLANTERS® Nut Duos, the PLANTERS® brand is launching a new advertising campaign titled 'Duo-licious.

The Makers of the PLANTERS® Brand Launch New Ad Campaign with Catchy 'Duo-licious' Tune

Coca-Cola

Altria

United Bankshares

24/7 Insights Dividend King shareholders could see some big upside as rates are lowered over the next two years.

6 Dividend Kings Every Passive Income Investor Should Own

Black Hills

Universal Corp

For those hoping to retire young and wealthy, the dividend kings are an excellent class of assets to consider. They are a prestigious group of publicly traded stocks with a record of increasing their dividend payouts every year for the past 50 consecutive years or more.

Retire Young, Retire Wealthy: 3 Dividend Kings to Pay You Forever

From diversity and salary equity to career advancement and parental leave, Hormel Foods excels as top female employer. AUSTIN, Minn.

Hormel Foods Named to Forbes List of America's Best Employers for Women 2024

Hormel (HRL) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Hormel (HRL) Upgraded to Buy: Here's Why

Fortis

Kenvue

24/7 Insights The Dividend Kings provide dependable passive income streams.

5 Overlooked Dividend Kings to Buy Hand-Over-Fist Now

J.B. Hunt Transport Services

Northrop Grumman

As we navigate through the third quarter of 2024, the market is emerging from a period of significant gains. Over the past few months, a bullish rally has propelled tech stocks to new heights, leaving dividend stocks in the shadows.

3 Dividend Stocks to Buy Now: Q3 Edition

CoreCivic

Iovance Biotherapeutics

Kura Sushi USA

Block

TAL Education Group

Death cross stocks – on the surface, the title sounds incredibly menacing. However, it may be one of the more misunderstood concepts.

7 ‘Death Cross' Stocks That Could Be Contrarian Buys

Johnson & Johnson

Walmart

Income investors should focus on stocks that pay solid yields, but also those that have sustainable payouts and strong business models. Dividend kings are an excellent place to look for stocks with sustainable dividends.

3 Safe Dividend Kings to Recession-Proof Your Portfolio

Selling Power recognizes the company's culture of success and dynamic team of sales professionals   AUSTIN, Minn. , July 12, 2024 /PRNewswire/ -- For the 23rd time, Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, has made the 2024 Selling Power 60 Best Companies to Sell For list.

Hormel Foods Once Again Named One of 60 Best Companies to Sell For

Northwest Natural Gas

Archer-Daniels-Midland Company

California Water Service Group

Middlesex Water

National Fuel Gas

SJW Group

"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 July 8, represented 8 of 11 Morningstar Sectors. Broker-targeted top-ten net-gains ranged 18.24%-30.31% topped-by Kenvue, and Genuine Parts. By yield, Altria tops-all. Top-ten July listings: SWK, FRT, KVUE, FTS, UBSI, BKH, NWN, CDUAF, UVV, MMM, & MO averaged 5.37% in yield.

53 July Dividend Kings: Buy 8, Watch 8 More

Beyond Meat

Pilgrim's Pride

Tyson Foods

Companies in the Zacks Food - Meat Products industry are thriving on burgeoning demand for protein-packed products. Efforts to expand capacity and product portfolio are working well for Tyson Foods (TSN), Hormel Foods (HRL), Pilgrim's Pride (PPC) and Beyond Meat (BYND).

4 Meat Food Stocks Poised for Growth on Solid Industry Trends

Hormel Foods (HRL) is capitalizing on the increasing demand for Foodservice products. However, rising selling, general and administrative (SG&A) expenses are a deterrent.

Foodservice Demand Aids Hormel Foods (HRL), High Costs Ail

The ProShares S&P 500 Dividend Aristocrats ETF continues its positive run in 2024, posting a gain of 1.45% in May. I present 3 strategies that can theoretically beat the dividend aristocrat index in the long term. After 35 months of tracking these strategies, two strategies are outperforming NOBL, while 1 remain relatively close.

My Best Dividend Aristocrats For July 2024

American Eagle Outfitters

Knife River Corp

Barron's published an article mid-June characterizing Nvidia (NASDAQ: NVDA ) as the pricey AI play. It offered up seven AI alternatives that trade for much cheaper valuations.

3 Stocks to Buy for the Price of One Nvidia Share

Estee Lauder

EPAM Systems

NIKE

PayPal

VeriSign

Is the market set to continue heading higher? Or after a tremendous run, are the bulls finally running out of steam?

7 S&P 500 Stocks to Buy on the Dip: June 2024

The Official Peanut Butter partner of USA Gymnastics is providing peanut butter power to athletes at the final stop on the journey to Paris AUSTIN, Minn. , June 20, 2024 /PRNewswire/ -- The Skippy ® brand, the Official Peanut Butter partner of USA Gymnastics, is partnering with Dominique Dawes and Chellsie Memmel to bring even more legendary power to Gymnastics City USA 2024 in Minneapolis.

Skippy® Brand Partners with Gymnastics Legends Dominique Dawes and Chellsie Memmel at Gymnastics City USA

Dollar General

Investors should look at undervalued and unloved dividend stocks in this era of overvalued equities. Purchasing shares at a price-to-earnings ratio of 30x or more does not make sense.

3 Unloved and Undervalued Dividend Stocks to Snap Up Now

News for Hormel Foods Stock (HRL)