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

Banco de Chile

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Canadian Natural Resources

Enbridge

Global Payments

Lockheed Martin

Medtronic

McCormick

Public Storage

Suncor Energy

Washington Trust Bancorp

I added 12 stocks to the portfolio this month.

IMF December Buys: The 12 Stocks Added To My Fund

Hormel Foods (HRL) closed at $47.77 in the latest trading session, marking a +0.15% move from the prior day.

Hormel Foods (HRL) Gains But Lags Market: What You Should Know

Hormel Foods delivered blowout Q4 earnings earlier in December. This earnings release has entirely reset the narrative around the company.

Why Hormel Foods Is Heading To New Highs In 2022

Franklin Resources

For those looking for top dividend growing names, the Dividend Champions can be an excellent place to start a search. Companies with this status have increased their dividends for at least 25 consecutive years.

2 Undervalued Dividend Champions Worth Considering

NEW YORK--(BUSINESS WIRE)--Green Circle Capital Partners is pleased to announce the launch of their venture capital division, having conducted a first closing for Green Circle Foodtech Ventures I (GCFV) with the anchor investment coming from 199 Ventures, the venturing company of Hormel Foods (NYSE: HRL). “Having a leading global branded food company in our corner, providing support and resources for portfolio companies, is incredibly exciting and opportune for us and for the companies in which

Green Circle Foodtech Ventures announces the launch of Fund I, dedicated to Sustainable, Disruptive Technologies in the Foodtech Ecosystem, with participation from Hormel Foods

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Dividend Income is the fruit from the labor of investing your money in the stock market. The power of compounding and dividend reinvestment is a wonderful component to the portfolio.

Dividend Income Summary: Lanny's November 2021 Summary

The stock price of Hormel Foods Corporation (NYSE: HRL) increased by 6.98% this past week. This is why it happened.

Hormel Foods Stock (HRL): Why The Price Increased This Week

Piper Sandler analyst Michael Lavery raised the price target on Hormel Foods Corp (NYSE:HRL) to $49 from $45 and kept a Neutral rating on the shares, suggesting a 7% upside. Lavery noted the company's portfolio transformation continued, and it offered a favorable fiscal 2022 margin outlook.

Piper Sandler Bumps Up Hormel Foods Price Target By 9%

On Thursday, Hormel Foods Corp (NYSE:HRL) shares rallied more than 5% after reporting its most recent quarterly results. The company announced its fiscal fourth-quarter revenue and earnings before markets opened, surpassing the consensus for analyst expectations.

Is Hormel Foods stock a good bet after raising its quarterly dividend?

Hormel Foods (HRL) CEO, Jim Snee on Q4 2021 Results - Earnings Call Transcript

Hormel Foods' (HRL) fourth-quarter fiscal 2021 results reflect higher net sales and earnings driven by growth across all segments and channels.

Hormel Foods' (HRL) Q4 Earnings Beat Estimates, Sales Increase

Hormel Foods Corp (NYSE: HRL) reported fourth-quarter FY21 sales growth of 43% year-on-year, to $3.5 billion, beating the analyst consensus of $3.22 billion. Net sales for Refrigerated Foods increased 44% Y/Y, Grocery Products rose 56%, Jennie-O Turkey Store climbed 23%, and International & other sales rose 28%.

Hormel Foods Q4 Earnings Top Estimates

Hormel (HRL) delivered earnings and revenue surprises of 2% and 6.68%, respectively, for the quarter ended October 2021. Do the numbers hold clues to what lies ahead for the stock?

Hormel Foods (HRL) Surpasses Q4 Earnings and Revenue Estimates

Hormel Foods Corp. HRL, +0.85% shares rose 1.1% in Thursday premarket trading after the food company reported fiscal fourth-quarter sales that beat the Street and reached a new record. Net income totaled $281.7 million, or 51 cents per share, up from $234.4 million, or 43 cents per share, last year.

Hormel reports record sales

AUSTIN, Minn., Dec. 9, 2021 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a leading global branded food company, today reported results for the fourth quarter of fiscal 2021.

Hormel Foods Reports Record Fourth Quarter Sales And Earnings With Double-Digit Sales Growth From Every Segment

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The 32 Dividend Kings lost 1.68% in November, underperforming the broad market once more this year.

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Hormel (HRL) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Hormel (HRL) Upgraded to Buy: What Does It Mean for the Stock?

Hormel Foods (NYSE:HRL) is set to give its latest quarterly earnings report on Thursday, 2021-12-09. Here's what investors need to know before the announcement.

Earnings Outlook For Hormel Foods

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This week's earnings reports calendar is not very populated. Barely 100 companies are scheduled to disclose results this week, and the count drops even lower the closer we get to Christmas.

Earnings Previews: Ciena, GameStop, Hormel

AUSTIN, Minn., Dec. 7, 2021 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a global branded food company, has been named one of America's Most Responsible Companies by Newsweek magazine for the third year in a row.

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

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NIKE

Dividends are the foundation of our goal to reach financial freedom. We continuously invest in dividend growth stocks to grow our passive income.

6 Dividend Increases Expected In December 2021

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: Should You Buy?

Hormel Foods' (HRL) fourth-quarter fiscal 2021 performance is likely to reflect robust demand in the retail and deli channel. Recovery in the foodservice channel is also an upside.

Hormel Foods (HRL) Queued for Q4 Earnings: Factors to Watch

News for Hormel Foods Stock (HRL)