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

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Stockholders equity

Minority interest

Total liabilities & equity

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Book value per share

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Change in working capital

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Purchase/sale of investments

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Other sources

Cash from financing

Change in stock

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Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Hormel is an iconic food maker with a large portfolio of well-known brands. But it hasn't been as successful as peers at passing rising costs on to consumers.

Hormel Stock: Buy, Sell, or Hold?

Hormel Foods' (HRL) differentiated product portfolio and innovative solutions are fueling growth in the Foodservice business. Focused on its six strategic priorities bodes well.

Hormel Foods (HRL) Gains on Strategic Priorities & Foodservice

Recipe of Hormel Foods team member is inspiration for company's latest marinated-meat sensation AUSTIN, Minn. , March 5, 2024 /PRNewswire/ -- At Hormel Foods, all 20,000 team members are encouraged to participate in and contribute to the company's culture of innovation.

Office Potluck Inspires Innovation Resulting in Launch of HORMEL® Sweet Garlic Ginger Pork Loin

Hormel is looking at modest growth and operational headwinds, leading to a drop in stock price. However, the company outperformed very low expectations, and the stock consequently jumped.

Here's Why Hormel Stock Climbed 16% Last Month

Hormel has felt margin pressure from inflation and supply chain problems. The dividend is safe despite the yield climbing to an all-time high.

This Dividend King's Yield Has Never Been This High. Time to Buy the Stock?

Hormel Foods beat earnings for its latest quarterly results. The stock is still down quite a bit from all-time highs.

Why Hormel Foods Shot Up 16% This Week

Hormel Foods' (HRL) first-quarter fiscal 2024 results reflect increased sales and earnings on the back of the solid Foodservice segment.

Hormel Foods (HRL) Q1 Earnings & Sales Beat Estimates, Up Y/Y

Hormel Foods CEO Jim Snee told CNBC's Jim Cramer his company's varied "protein portfolio" is advantageous as weight-loss drugs gain popularity.

CEO says Hormel Foods is well-positioned as weight-loss drugs grow popular

Hormel exceeded estimates with modest top-line growth and significantly improved cash flows in its latest quarter. The food processing company also reaffirmed its full-year outlook.

Why Hormel Foods Stock Popped Today

Hormel Foods (HRL) was the best-performing stock in the S&P 500 Thursday after the packaged food giant posted better-than-expected quarterly results as sales volumes increased across all of its businesses.

Hormel Stock Jumps 15% After Maker of Spam & Planters Peanuts Reports Strong Earnings

Hormel Foods Corporation (HRL) Q1 2024 Earnings Call Transcript

Hormel reports earnings of 41 cents a share on revenue of $3 billion

Hormel Foods Is the S&P 500's Top Stock. Shoppers Are Going Nuts for Planters.

Although the revenue and EPS for Hormel (HRL) give a sense of how its business performed in the quarter ended January 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Hormel (HRL) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Hormel NYSE: HRL shares came under intense pressure last year due to rising costs, margin struggles, and lack of growth. The situation raised doubt about dividend growth, long-term outlooks for profits, and valuation now laid to rest.

Hormel Stock is Ready for a Significant Advance after Report

Hormel Foods (HRL) came out with quarterly earnings of $0.41 per share, beating the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $0.40 per share a year ago.

Hormel Foods (HRL) Q1 Earnings and Revenues Surpass Estimates

Skippy peanut butter maker Hormel Foods topped market expectations for first-quarter sales and profit on Thursday, helped by resilient demand for its high-priced meat products and ready-to-eat meals.

Skippy peanut butter maker Hormel Foods beats estimates as demand remains resilient

Shares of Hormel Foods Corp. HRL, -0.23% jumped 4.7% toward an eight-week high in premarket trading Thursday, after the branded food company reported fiscal first-quarter results that beat expectations amid “robust” demand in the foodservice business and strength in Planters snack nuts. Net income for the quarter to Jan. 28 was $218.9 million, or 40 cents a share, after net income of $217.7 million, or 40 cents a share, in the year-ago period.

Hormel's stock surges after earnings beat, amid strength in foodservice and Planters snack nuts

Company delivers volume growth across all segments; reaffirms full-year guidance AUSTIN, Minn., Feb. 29, 2024 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today reported results for the first quarter of fiscal 2024 ending Jan. 28, 2024.

HORMEL FOODS REPORTS FIRST QUARTER FISCAL 2024 RESULTS

Hormel has paid and increased its dividend for 58 consecutive years. The company generates most of its profits from its foodservice business segment.

1 of the Greatest Dividend Stocks Is Down 45% and Now Trades at a Once-in-a-Decade Valuation. Is It Finally a Buy Again?

Hormel Foods team members commemorate MLK Day and Black History Month with an essay competition for elementary and middle school students from across the country AUSTIN, Minn. , Feb. 28, 2024 /PRNewswire/ -- Three winners of the 13th annual Hormel Foods MLK essay contest visited the company's World Headquarters on Wednesday, Feb. 28, to read their winning essays to Hormel Foods team members.

Hormel Foods Hosts Student Winners of its 13th Annual Dr. Martin Luther King Jr. Essay Contest

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AUSTIN, Minn., Feb. 27, 2024 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, announced Katie Clark has been appointed to the role of senior vice president and chief communications officer.

Hormel Foods Announces Katie Clark as Senior Vice President and Chief Communications Officer

Hormel Foods' (HRL) fiscal first-quarter results are likely to reflect challenges in the International segment, while capacity expansion endeavors bode well.

Hormel Foods (HRL) Q1 Earnings Coming Up: Factors to Note

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.

News for Hormel Foods Stock (HRL)