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

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Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Selling, General and Administrative

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Equity in Earnings of Affiliates

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

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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 Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

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Earnings data Q4 2022

Earnings data Q1 2023

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Earnings data Q1 2024

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Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

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.

Hormel Foods delivers solid Q4 results and anticipates growth in 2025

Hormel Foods had a successful Q4 2024, with strong financial performance across segments and a positive outlook for fiscal 2025. The company's focus on innovation, brand strength, and operational efficiency positions it well for continued growth and value creation for shareholders.

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AUSTIN, Minn. , May 9, 2024 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today announced that Colleen Batcheler has been appointed to the role of senior vice president, external affairs & general counsel.

Hormel Foods Announces Appointment of Colleen Batcheler as Senior Vice President, External Affairs & General Counsel

Here is how Hormel Foods (HRL) and Tyson Foods (TSN) have performed compared to their sector so far this year.

Is Hormel Foods (HRL) Stock Outpacing Its Consumer Staples Peers This Year?

A Planters nuts recall is in effect as Hormel Foods (NYSE: HRL ) due to a potential Listeria monocytogenes contamination. The Planters nuts recall affects the brand's Honey Roasted Peanuts in 4-ounce packages with a best by date of 4/11/25/.

Planters Nuts Recall: Hormel Recalls Nuts Due to Listeria Contamination

Healthy individuals who consume the organism could suffer short-term symptoms like high fever, severe headache, stiffness, nausea, abdominal pain and diarrhea, according to the voluntarily issued recall.

Planters nuts recalled after discovery of potentially fatal contamination

AUSTIN, Minn. , May 1, 2024 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, invites interested parties to participate in a webcast and conference call with Jim Snee, chairman of the board, president and chief executive officer; Jacinth Smiley, executive vice president and chief financial officer; and Deanna Brady, executive vice president, Retail; to discuss the Company's second quarter financial results.

Hormel Foods Corporation to Hold Second Quarter Earnings Conference Call

The PLANTERS ®  brand redefines the snacking experience with the introduction of its latest delicious and innovative flavored cashews AUSTIN, Minn. , May 1, 2024 /PRNewswire/ -- Building upon the success of their irresistibly delicious flavored-cashew portfolio, the makers of the PLANTERS ® brand, the No.

PLANTERS® Brand Adds a Tangy Twist to its Flavored Cashews Portfolio: Salt & Vinegar

Available at retailers and convenience stores nationwide, the makers of the CORN NUTS® brand now offering Loaded Taco Flavor corn kernels AUSTIN, Minn. , April 30, 2024 /PRNewswire/ -- The craveable crunchy corn kernels of the CORN NUTS® brand are a snacking staple for any occasion, and this spring, the brand team is adding a delectable new flavor to its already-plentiful portfolio of enticing options.

Loaded Taco Joins the Bold Flavor Lineup of the CORN NUTS® Brand

Hormel Foods, a dividend king, continues to raise its dividend despite recent profitability struggles. Despite its slow growth in recent years, Hormel's balance sheet is in a better position than many other food giants. Hormel's expenses have been rising faster than revenue, impacting margins and profitability over the last decade.

Hormel Foods: A Wait And See Approach For This Dividend King

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My Best Dividend Aristocrats For May 2024

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The consumer staples space is filled with great companies selling products you use every day. Procter & Gamble has executed well despite inflationary headwinds and has proved it is a keeper.

2 Magnificent Dividend Stocks That I'm "Never" Selling

HORMEL® NATURAL CHOICE® Rotisserie Seasoned Deli Chicken Breast and Deli Roast Beef are both free of additives and preservatives, 100% natural* and completely delicious AUSTIN, Minn. , April 25, 2024 /PRNewswire/ -- The makers of the HORMEL® NATURAL CHOICE® brand, a trusted name in deli products and maker of 100% natural*, completely delicious deli meat, are excited to reintroduce two items to its appetizing lineup of deli options: Deli Roast Beef and Rotisserie Seasoned Deli Chicken Breast.

Makers of the HORMEL® NATURAL CHOICE® Brand Reintroduce Chicken and Roast Beef Varieties to Portfolio of Delicious Deli Products

Company Names Chad Randick Successor AUSTIN, Minn. , April 24, 2024 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today announced that Jeff Grev, vice president of legislative affairs, will be retiring after a 40-year career with the company.

Hormel Foods Announces Retirement of Jeff Grev, Vice President of Legislative Affairs

Summer is nearly here, and the makers of the HORMEL GATHERINGS® brand are welcoming the season with another time-saving option for party-planning consumers AUSTIN, Minn. , April 23, 2024 /PRNewswire/ -- With summer months right around the corner, the makers of the HORMEL GATHERINGS® brand are welcoming the season with the all-new, summer-themed Hard Salami & Pepperoni Tray, a perfect snacking solution for any summer shindig.

With Summertime Parties on the Horizon, the Makers of the HORMEL GATHERINGS® Brand Introduce Summer-Themed Hard Salami & Pepperoni Tray

Beyond Meat

Beyond Meat and Hormel are both dealing with business headwinds. The stocks of both companies are down significantly from their high-water marks.

Best Stock to Buy Right Now: Beyond Meat vs. Hormel Foods

Pilgrim's Pride

Tyson Foods

Companies in the Zacks Food - Meat Products industry gain from the growing demand for protein-rich products. Efforts to expand capacity and undertake product diversification have been working well for Tyson Foods (TSN), Hormel Foods (HRL) and Pilgrim's Pride (PPC).

3 Meat Food Stocks Hogging in the Limelight on Robust Industry Trends

Deliciously authentic mole paste made with foodservice operators in mind ORANGE, Calif. , April 17, 2024 /PRNewswire/ -- As restaurant chefs and operators look to add more global flavors to their menus, MegaMex Foods announces a bold new product that's made just for foodservice.

MegaMex Foods Debuts DOÑA MARIA® Mole Rojo

Animal diseases, COVID-19, and inflation have hurt Hormel's business. The company's dividend growth story remains intact.

Hormel Foods: Buy, Sell, or Hold?

Hormel Foods owns a portfolio of iconic food brands. The company is facing a series of headwinds, none of which by itself is catastrophic.

1 Dividend Growth Stock Down 35% to Buy Right Now

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"What is a Dividend King? A stock with 50 or more consecutive years of dividend increases."—suredividend.com. The 55 Dividend Kings screened as of April 10 represented 9 of 11 Morningstar Sectors. Broker targeted-top-ten net-gains ranged 15.19%-33.38% topped-by Middlesex Water, and SJW Group. By yield, Leggett tops-all. Top-ten April Kings: FRT, UBSI, FTS, BKH, NWN, CDUAF, MMM, UVV, MO, & LEG averaged 6.24% in yield.

55 April Dividend Kings: Buy 8, Watch 8

Hormel Foods' (HRL) long-standing relationships, differentiated product portfolio, innovative solutions and impressive sales team are fueling growth in the Foodservice business.

Hormel Foods (HRL) Looks Appetizing on Foodservice Demand

Now in its third year, the 10 Under 20 Food Heroes program recognizes young innovators fostering positive change in our food system AUSTIN, Minn. , April 10, 2024 /PRNewswire/ -- Hormel Foods, a Fortune 500 global branded food company, is now accepting nominations for the 2024 class of 10 Under 20 Food Heroes.

Hormel Foods Seeking Nominations for 2024 Class of 10 Under 20 Food Heroes

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The stock market shrugged off rising interest rates and global unrest to produce strong gains during 2023.

DGI For The DIY: 2023 Dividend Portfolio Review

News for Hormel Foods Stock (HRL)